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The Cost of Renting Vs. Buying a Home

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC] | MyKCM

Some Highlights

  • The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.
  • This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power.
  • Let’s connect if you’d like expert guidance on exploring your homebuying options while affordability is high.

Start your search today with Central Illinois Home Finder.

Written by Ryan Dallas on . Posted in Market Update

Ryan Dallas

Ryan Dallas and his team of professionals at Ryan Dallas Real Estate are the #1 real estate team in the east Central Illinois area for homes sold and client satisfaction with more than 5000 families served in the last decade and more than 1000 Google Reviews. Ryan Dallas Real Estate has been voted the #1 Real Estate Company in the Champaign-Urbana News-Gazette People's Choice Awards for seven consecutive years and is proud to be the Official Real Estate Team of the Fighting Illini. Serving the greater Champaign-Urbana, Bloomington-Normal, Mattoon-Charleston, and Danville areas, Ryan's team of specialists put a high focus on delivering a home buying and selling experience that is centered on service and results. Ryan Dallas Real Estate ranked #7 in the nation in 2024 for closed sales by Real Trends and The Wall Street Journal. In addition to being a consistent top team in the Champaign County Association of Realtors, Ryan's success earned him a ranking in the top 1% of Keller Williams worldwide before he launched Ryan Dallas Real Estate, an independent brokerage in early 2018.

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