The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]
![The Cost of Renting vs. Buying This Spring [INFOGRAPHIC] | Simplifying The Market](https://static.wixstatic.com/media/a1954d_df592835e7f84990b815b8d5b42de99c~mv2.jpg/v1/fill/w_980,h_1268,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/a1954d_df592835e7f84990b815b8d5b42de99c~mv2.jpg)
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!
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