Is renting cheaper than owning?My itemized tax deductions are 12k. My standard deduction would be 6k withou a mortgage. I could rent for 1/2 the amount of my mortgage. To me it makes more financial sense to rent and invest the other 50%. Any advice is greatly appreciated.October 13 2013 - Columbus00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.