Is it cheaper to rent or own in Rhode Island?

Buying

 It might come as a big surprise to some people but with interest rates at record lows it might actually be cheaper in some States to Own a Home vs Rent.

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 This photo shows the cost of renting a home vs owning a home state by state.

In some states renting IS actually cheaper then owning a home.

 

Cost of renting vs owning

However, buying a home in the state of Rhode Island can actually be less expensive then renting an apartment!

Sample House 2:3

We have helped countless Rhode Island first time home buyers achieve their goal of home ownership.If you are tired of renting and have interest in becoming a home owner contact me today.We offer a first time home buyer program! We help you through the whole process and make buying a home fun!