You’ll often hear finance experts recommend buying over renting for those who are financially ready. But a Gallup poll found that only 30% of non-homeowners planned on purchasing a property within five years, often citing unaffordability. This isn’t surprising given the nearly $2,700 median monthly mortgage payment Redfin reported in July 2025.
Read More: Renting vs. Owning a Home: Which Will Be Cheaper in 2025?
