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The Cost of Renting vs. 

Buying This Spring 


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The Cost of Renting vs. Buying This Spring

Stephanie Secino
May 3 1 minutes read



Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!


Source: KCM

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