Buying cheaper than renting in Florida

Buying cheaper than renting in Florida

by DeVore Design, August 7, 2016
Color-coded map of US

States where buying is cheaper than renting appear in blue

It’s cheaper to buy a home in Florida than to rent, according the a new study by GoBankingRates, as is it in much of the country due in part to low interest rates.

Monthly rent in Florida: $1,695
Monthly mortgage in Florida: $1,297

Rents have been rising in the Sunshine State — especially in South Florida where the population is growing and demand for rentals has increased.

Read more and view a state-by-state slideshow

Source: ORRA Real Estate News - Florida Real Estate Photography Blog - DeVore Design offers real estate photography, aerial photography and real estate videos from in Daytona Beach, Orlando, Lakeland and Tampa. We encourage you to share our content!