Published November 15, 2019

The Cost of Renting vs. Buying a Home

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Written by Christie Cannon

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The Cost of Renting vs. Buying a Home 

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

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.
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Are you buying or selling a home?

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Selling
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When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
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Are you pre-approved for a mortgage?

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No
Using Cash
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Would you like to schedule a consultation now?

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When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

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When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

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