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Home > buy a home > Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC]

Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC]

Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Historically, the choice between renting or buying a home has been a close decision.
  • Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!

Stop paying your landlord’s mortgage, call today 605-858-0775 to schedule a free no obligation home buyer consultation and get prequalified for free.

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Jim Whittaker

Rapid City Real Estate Agent

Jim-Whittaker

Broker Associate

Contact Info

RE/MAX Advantage
1331 W Omaha St Suite 200
Rapid City, SD 57701

Phone Numbers
Direct: 605-858-0775

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