Rent vs. buy is a hot topic in the housing market these days and is a decision that stretches far beyond monthly payments. Over the past few months we have compared homes for sale and homes for rent all over the country with stops in Philadelphia, Indianapolis, Houston, Honolulu and Chicago.
Today, we are heading back to the Lone Star State of Texas to check out what kinds of homes in San Antonio you can either rent or get with a mortgage payment for under $1,500, $2,000 and $2,500. The mortgage payments are based on a 30-year fixed rate, with 20% down presently being quoted on Zillow Mortgage Marketplace:
Compare Rent vs. Buy Monthly Payment Under $1,500:
Compare Rent vs. Buy Monthly Payment Under $2,000:
Compare Rent vs. Buy Monthly Payment Under $2,500: