The long and short of it is… it depends! In some places, it’s cheaper to rent than it is to buy. But in others, it’s much more practical to buy than it is to rent.
The data largely depends on where you are and what you’re looking for, with a dash of how much money you make. Of course, the best option is to do your own research, whether that means gathering information on your own, or contacting someone—like me!—who can walk you through the process.
If you’d like to do your own research, this article is a good place to start. It goes more into depth about why it may be more effective to buy than rent or vice versa. If you have any questions, or need any help with the market, please don’t hesitate to contact me.