The Cost of Renting vs. Buying a Home

KCM Crew, October 21st, 2017

The Cost of Renting vs. Buying a Home [INFOGRAPHIC] | MyKCM

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 (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), 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!
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This entry was posted in Financing, Home Buying, Home Selling, Homeownership, Market Conditions, Rent vs. Buy and tagged , , , , . Bookmark the permalink.

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