The cost of renting vs owning a home in Maryland in 2017 may come as a surprise to many.
The analysis was done by MSN Money for every state across the US.
They found that the cost of renting in Maryland, on average, was about $1,753 per month.
The average cost of a monthly mortgage? $1,404 per month.
The article’s recommendation? BUY, don’t rent in Maryland!
According to the Zumper National Rent Price Index, Maryland comes in the top 25 most expensive places to rent.
If you are considering buying a home in Baltimore, please contact me. I would love to help!