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The Cost of Renting vs. Buying This Spring [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 (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), 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!

If you are considering buying a home, you can check out the latest version of our Home Buyer’s Guide. Updated quarterly with the most recent market information, this will help you through the entire home buying process. If you are not ready to buy yet, then take a look at our Referral Program.

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