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Renting vs. Buying in 2025: Which Is the Smarter Move Right Now?

By
Managing Real Estate Broker with SanCastle Realty LLC BK3016950

If you’re on the fence about whether to rent or buy in 2025, you’re not alone.
In today’s market—with higher interest rates, shifting home prices, and rising rents— it’s one of the most common questions I hear from buyers every week:

“Is now really the right time to buy… or should I just keep renting and wait?”

The answer?

It depends.

And that’s why running the numbers (instead of just guessing) has never been more important.

Let’s break it down:

📈 What’s Happening in 2025?

  • Rent prices continue to climb in most parts of Florida and around the country—outpacing wage growth in many cases.

  • Home prices are stabilizing in many areas (with even some builder incentives available).

  • Interest rates, while higher than pandemic lows, are still manageable—and creative loan options are helping buyers get in for less.

Meanwhile, waiting can be costly:

  • Rental increases show no signs of slowing.

  • Homeownership remains one of the best ways to build long-term wealth.

  • Saving “more” for a down payment can be a moving target if home prices rise again.

🏡 "Don't wait to buy real estate... Buy real estate and wait."
Timeless advice that still holds true in 2025. Building wealth starts with making your move.

💡 Think You Need 20% Down? Think Again.

Many first-time buyers I speak to are surprised to learn about today’s low down payment options:

  • FHA Loans: Just 3.5% down (and flexible on credit scores)

  • VA Loans (for veterans): 0% down

  • Florida Hometown Heroes Program: Up to $35,000 in assistance toward your down payment and closing costs if you qualify

👉 Learn more about these Low Down Payment Strategies for Florida Buyers here.

🏡 How Much Home Can You Really Afford?

Affordability isn’t just about the price tag—it’s about your monthly payment and long-term financial stability.

We’ve made it easy for you to run the numbers yourself with our free tool:

Rent vs. Buy Calculator

  • Compare monthly costs side-by-side

  • See how much equity you could build by owning

  • Understand the breakeven timeline for your investment

Complete Home Buyer Calculators

  • Estimate monthly payments

  • Factor in taxes and insurance

  • See how much closing costs might run

  • Plan your budget with real-world numbers

Most buyers are surprised to find that owning is often just as affordable—or even cheaper—than renting, especially when you factor in tax benefits and equity growth.

🎯 So… Should You Buy or Keep Renting?

Here’s the real answer:

  • If you plan to stay put for at least 3–5 years,

  • You want to start building wealth instead of building your landlord's,

  • And you can comfortably handle the upfront costs with the help of today’s programs...

Buying is likely the smarter move.

If you’re uncertain about your job stability, plan to move again soon, or aren’t ready to commit to homeownership responsibilities, renting might still make sense for now.  Either way—you deserve a plan, not just a guess.

The key is knowing your numbers—and your goals.

🛠️ Ready to See Your Real Numbers?

🔗 Try our Rent vs. Buy Calculator
🔗 Explore all of our Buyer Tools and Calculators
🔗 Learn about Low Down Payment Programs

📲 Or better yet, let’s chat. I’ll help you map out a personalized path based on your income, goals, and timing—no pressure, just good information.

Because in 2025, the smartest move isn’t renting or buying blindly—it’s making an informed decision.

– John Sansaricq
Broker/Owner – Sancastle Realty
📧 john@sancastlerealty.com
📞 386-433-3507
🌐 sancastlerealty.com

Comments(5)

Show All Comments Sort:
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John and thank you for all the great points in your blog to share with us here in the Rain.  Make it a great day.

 

Apr 26, 2025 10:58 AM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

John Sansaricq there are advantages to both, but in my opinion owning a home FAR out weights renting.

Apr 26, 2025 11:49 AM
John Sansaricq

Hi George,
I completely agree with you. Most renters I work with who make the jump into homeownership end up thanking me later — especially when they see how much equity they've built in just a short time. It’s one of the best long-term financial decisions people can make!

Apr 28, 2025 09:23 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Apr 27, 2025 04:44 AM
John Sansaricq

Thanks Richard, Have a great day too.

Apr 28, 2025 09:23 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello John - "it depends" is a reply to the rent versus buy question that works in multiple ways.  It starts a conversation.  And that in my opinion is a good start in any real estate discussion.  

Apr 27, 2025 07:43 AM
John Sansaricq

Hi Michael,
You're absolutely right — "it depends" really is the perfect way to open the door for a meaningful conversation. Every buyer’s situation is unique, and starting with the right questions helps uncover the best path forward. Thanks for adding that insight — I couldn't agree more!

Apr 28, 2025 09:25 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I can't think of there ever being a time when it was better to rent than to buy, haha.  Owning a home is so much better than having to pay rent.

Apr 27, 2025 04:58 PM
John Sansaricq

Hi Brian,
I couldn’t agree more! That’s exactly the point I wanted to drive home with the post. I’m really trying to help renters see that now is the time to buy — not wait. That’s why I created the Rent vs. Buy Calculator, it shows, in real numbers, just how quickly they can start building equity instead of paying someone else’s mortgage. Thanks for weighing in!

Apr 28, 2025 09:28 AM