Renting > Buying

Unless interest rates skyrocket to 8.6 percent, renting makes more financial sense than buying in Washington, D.C. According to a new report from Trulia, it is 36.4 percent cheaper to rent rather than buy in the District. On a national level, it is 37.7 percent cheaper nationally to buy than rent a home.

According to UrbanTurf, Trulia calculated this number b... read more...