![The Cost of Renting vs. Buying a Home [INFOGRAPHIC] | Keeping Current Matters](https://static.wixstatic.com/media/afe665_2fcd2d6548884153882c57466b01f795~mv2.jpg/v1/fill/w_720,h_540,al_c,q_90/afe665_2fcd2d6548884153882c57466b01f795~mv2.jpg)
Some Highlights:
Historically, the choice between renting and 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 is clear.
Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.