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The Cost of Renting vs. Buying a Home

  • Writer: Lisa Young
    Lisa Young
  • Aug 28, 2020
  • 1 min read

Updated: Feb 16, 2022


Some Highlights

  • The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.

  • This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power.

  • If you’d like expert guidance on exploring your homebuying options while affordability is high, give me a call or email me! I'm happy to personally walk through options for you. Then you can decide what is best for you!

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Lisa Young is a licensed Real Estate Broker and Realtor with Elevations Real Estate, Fort Collins Colorado

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