Renting vs Buying a Home

Is renting a home better?

Rochester’s economy is one of the strongest and most stable in the state and its continued growth (largely due to the Mayo Clinic’s expansion) makes buying a home in Rochester a great investment.

Why else might you want to buy instead of rent?

  • You can own a much nicer home for less money than you would pay to rent it
  • Tax deductions
  • Equity
  • Freedom to make a house into a home that reflects your lifestyle and personality

When renting vs buying a home makes more sense?

If you’re relocating to Rochester for the very short term, it may be better to rent. Contact us and we can help you decide whether buying or renting will best suit your personal situation.

Renting vs buying a home: What’s the price difference?

Check out our Rent vs Buy calculator.

What are some of the best Rochester rental options?

We can suggest options for renting apartments and homes in the Rochester, MN area. Contact us to learn more.

Rent vs Buy Calculator

How much House can you afford?