Rated Top 5% Realtor in San Diego
Brandon Rampani
(858) 997-7822(858) 997-7822

To Rent or to Buy in 2017/2018 in San Diego…Proof is in the numbers!

This is a great analysis to determine if renting or buying makes sense moving forward in San Diego. The average rent for a 3 bed in San Diego County is $2,400 a month. As you can see, in just 3 years with less than 5% down and a purchase price under $450,000, buying real estate outweighs renting in just 3 years! Now, more than ever, one should consider buying. With rents in San Diego increasing on average 5-7% a year, it shows that with a fixed mortgage payment and the tax savings, the monthly payment shows without a doubt that Buying makes more sense than renting. 

 

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