Real Estate

Owning Versus Renting

What are some examples of renting costs that I should anticipate?

When you rent a place to live, you may expect to pay for moving costs, furnishing costs, possibly some or all utility costs, rent, a broker’s fee for finding the rental, and renter’s insurance. You should also consider the lost opportunity if you used some of the expenses in some other way. Remember to add back into the equation the return of your security deposit, typically 1½ months’ rent paid upon signing the lease.


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