![The Cost of Renting vs. Buying in the US [INFOGRAPHIC] | MyKCM](https://d8yi0qr1xsq5x.cloudfront.net/2017/06/20140414/20170623-Rent-vs.-Buy-STM-1046x1354.jpg)
Some Highlights:
- Historically, the choice between renting or buying a home has been a tough decision.
- Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), the choice becomes obvious.
- Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
2 Myths Holding Back Home Buyers