Should You Rent or Buy in 2025?

It’s one of the most common questions I hear: “Should I just keep renting, or is it finally time to buy?” With prices and interest rates making big headlines, it can feel overwhelming to decide. Let’s break it down.

The average rent in most U.S. cities has risen steadily over the past few years, and in many cases, renters are paying almost as much as they would for a mortgage. The difference is, when you rent, your money is helping someone else build equity—not you. On the other hand, buying comes with upfront costs and responsibility, but it’s also one of the best ways to create long-term wealth.

Here’s one statistic that surprised me: according to recent data, homeowners on average have a net worth nearly 40 times higher than renters. That’s the power of owning a property that gains value over time while you steadily pay down your loan.

Of course, buying isn’t for everyone in every season of life. If you know you’ll be moving soon or aren’t quite ready financially, renting can still make sense. But if you’ve been renting for a while and you’re stable in your job and location, 2025 might be the year to turn that rent check into a mortgage payment.

If you’re curious what buying would look like for you, let’s run the numbers together. Even if you’re not ready tomorrow, having a plan in place means you won’t miss your opportunity when the time feels right.