MRED Blog

REinventing MLS . . .

Do You Know The Cost of Renting vs. Buying? [Infographic]

Do You Know The Cost of Renting vs. Buying? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Historically the Percentage of your income needed to afford a home vs. renting was a much closer margin. Making renting make sense.
  • Now… Renting will cost you 30.1% of your income compared to buying a median home at 15.3% of your income.
  • Either way you’re paying a mortgage… why not have it be yours?

Blog post via KCM Blog

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