![Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC] | Simplifying The Market](https://www.justlistedpalmsprings.com/wp-content/uploads/d2d6tznlfad433.cloudfront.netRent-vs.-Buy-STM-b5c038f9ea771be2e45d979fa346665db3256e8e.jpg)
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!
