Fact checked by Betsy Petrick Key Takeaways The average cost of renting in the U.S. is $2,072 per month. The average cost of a mortgage is slightly lower, at $1,907 per month. Still, prices vary ...
More and more Americans over 55 are choosing to rent rather than own their homes. Over the last decade, renters in this age group have risen faster than any other, with the number of renters aged 65 ...
For older Americans, choosing to buy or rent comes down to retirement savings and lifestyle. Downsizing, avoiding maintenance and keeping cash liquid are more important than building equity once you ...