Monthly Mortgage Payments Outpace Rental Costs Nationwide
Pro Builder
JUNE 23, 2022
A new report released by John Burns Real Estate Consulting earlier this month revealed that having a mortgage costs, on average, $839 more per month than having a lease, making renting the more affordable option for most Americans. The gap was 40 percent in Nashville, 38 percent in Denver and 35 percent in Tampa, Fla., and Phoenix.
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