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The Cost of Renting vs. Buying a Home

Friday, November 15, 2019   /   by Juan Grimaldo

The Cost of Renting vs. Buying a Home

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Some Highlights:

  • Historically, the choice between renting and 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 is clear.
  • Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.


New Photo Cut out Juan Grimaldo_0022.png .  Juan Grimaldo . 480-365-8346
Keller Williams Realty Professional Partners - The Grimaldo Group
Juan Grimaldo
7025 West Bell Road #10
Glendale, AZ 85308
480-365-8346

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