No surprise: Renting is a lot cheaper than owning in major Texas metros via Dallas News

With home cost increasing in Texas’ major metros, renting is increasingly cheaper than ownership —even with low mortgage rates.

Renting is cheaper than buying in most major U.S. markets, a new study by mortgage firm LendingTree found.

In the Dallas area, the median cost of renting is $619 a month less than paying for a home with a mortgage, according to the researchers.

Read more...No surprise: Renting is a lot cheaper than owning in major Texas metros via Dallas Morning News