Median rent in Chicago is about $1,969, according to Zillow. It would cost hundreds of dollars a month more to own than to rent—and coming up with a $40,000 down payment could be a big hurdle ...

Local tenants enjoy the fourth-largest savings between what landlords charge and the cost of financing a home purchase.

Why so few home sales in the Inland Empire? Well, local renters enjoy the nation’s 11th-largest savings between what landlords charge and the cost of financing a house purchase. My trusty spreadsheet ...

The houses were typically older and needed some work, and while taxes seemed reasonable — around $6,500 a year — she worried about maintenance costs and higher energy bills that came with ...

Nationally, the typical rent payment is $2,063 a month — $236 more than the typical monthly mortgage payment of $1,827. Zillow’s report assumed a 20% down payment, a 6.5% interest rate and a ...

Lately, however, the rent-or-buy calculus has favored the renter. ... She decided to rent. A Realtor.com rent-or-buy calculator shows home prices averaging $550,000 in central Durham.

Rent vs Buy: Unpacking the emotional and financial calculus in a volatile market Owning an asset that also provides living utility excites for emotional and social reasons.

Real estate moguls Stephanie Douglass and Kristina Modares advise Millennials and Gen Z to prioritize "houses before spouses," recommending people purchase property with friends in order to become ...

“Our annual index of rent growth was pretty stable in the last few years, from about 3 percent to 4 percent,” Jeff Tucker, a senior economist at the online real-estate marketplace Zillow, told me.