Is it better to buy or rent? That’s an age-old question that really depends on a lot of variables – especially an individual’s station in life. According to their 2025 Rental Affordability Report, ATTOM says both owning & renting remain difficult for average U.S. workers, commonly consuming 25-60% their wages. However, they point out that major ownership expenses on typical single-family homes require a smaller portion of average wages than renting three-bedroom residences in close to 60% of the 341 county-level markets with enough data to analyze. Indeed…
Buying or renting a home in the U.S. these days can be like searching for a diamond in a pile of marbles, and it’s only getting worse in most markets as the cost of both goes up…However, in most parts of the country, homeownership is somewhat more attainable for those who can gather the necessary resources to cover down payments that often surpass $200,000.” Said Rob Barber, CEO at ATTOM.
Click here to read the full report at ATTOM.
