Found 1 blog entry tagged as renting vs. buying.

Living in Austin doesn't come cheap, but renting can save residents $1,000 per month or more. Photo by Regys Lima on Unsplash

CultureMap Austin writes, "The affordability of homeownership seems to be a hot topic of 2025, and the cost difference between renting and buying a home in Austin adds up to more than $1,000 per month, according to a new housing cost analysis by SmartAsset.

The 2025 report, called "Renting vs. Buying: How Housing Costs Compare Across America," examined the median monthly homeownership and rent costs in 342 of the largest U.S. cities.

The study's findings revealed Austin homeowners spend a median $2,768 on their monthly housing costs, whereas renters spend about $1,764 in comparison.

Austin ranked No. 58 in the report's rankings of cities where homeownership is more expensive than renting.

This study compares median costs for each group of…

96 Views, 0 Comments

Read Full Post