Renting vs. Buying in Massachusetts: How to Decide What’s Right for You

One of the most common questions we hear is: Should I rent or buy right now?

The answer depends on more than monthly payments.

The True Cost of Renting in Massachusetts

Rent prices across Massachusetts remain high, with annual increases becoming the norm. While renting offers flexibility, it does not:

• Build equity

• Lock in long-term housing costs

• Offer protection from rising rents

Common Myths About Buying

Many renters delay buying because they believe:

• They need 20% down

• Buying only makes sense in a “perfect” market

• They must stay for decades

In reality, there are multiple financing paths and strategic reasons to buy sooner.

When Renting Makes Sense

Renting may be the right choice if:

• You expect a major life change soon

• You’re prioritizing flexibility

• You’re building toward a clearer long-term plan

Creating a Housing Strategy

The smartest decision isn’t rushing — it’s planning. We help clients evaluate:

• Short- and long-term goals

• Financial readiness

• Market timing based on their situation

Whether you buy now or later, clarity creates confidence.