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Rent Vs Buy

4 articles

With mortgage rates near 7.5%, is renting the new long-term housing reality?
Rent vs BuyMortgage Rates

With mortgage rates near 7.5%, is renting the new long-term housing reality?

Mortgage rates just hit 7.45%. At that rate, buying a median home costs more each month than renting in every one of the…

Jennifer Han·
The typical renter now pays more each month than the typical homeowner
AnalysisRent vs Buy

The typical renter now pays more each month than the typical homeowner

Since 2021, the typical US renter has paid more for housing each month than the typical homeowner, Census data shows. In…

Henry Jo·
At 7.17% mortgage rates, renting is thousands cheaper than buying in some cities
AnalysisRent vs Buy

At 7.17% mortgage rates, renting is thousands cheaper than buying in some cities

Home prices explain part of why people are renting. The monthly math at today's mortgage rate explains the rest, and in …

Jennifer Han·
Renting beats buying a home by $2,049 a month in L.A., the widest gap of any big metro
NewsLos Angeles

Renting beats buying a home by $2,049 a month in L.A., the widest gap of any big metro

The gap between buying and renting a small home in Los Angeles is $2,049 a month, the biggest in the country. Flat LA re…

Jennifer Han·
Rent Vs Buy Articles | RentDataNow