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- Jan 3, 2015
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rent a house or move in a apartment? which one would be better?
This is a very common misconception. Home ownership is generally much more expensive than renting, even if the monthly payment is the same or more. I recently wrote about this so I'm just going to link it here.I assume this wil be in a few years, not soon, right? Honestly, if the housing market in MN is anything like the market here in SD, I'd recommend that you save up a down payment and buy a place. You can get a small house cheap enough that the mortgage payment will be less than rent, and you won't have to worry about the pet issue. There are a lot of first-time buyer incentives you can use.