Renting vs. buying a home: How to decide

Home prices have risen significantly since the height of the COVID-19 pandemic, putting homeownership out of reach for many Americans — but the cost of renting has also increased during this time. With both rent and home prices causing sticker shock, which is the best choice for you? And if you can buy a home, should you? Renting vs. buying a home: Which is cheaper? Generally, it’s cheaper to rent a home than to buy one. According to John Burns Research & Consulting, the monthly mortgage on a single-f ...