Real Estate
Buying Cheaper than Renting in Farmington Hills, Aol Blog Reports
The study considers a market including Warren, Troy and Farmington Hills among 9 others in the U.S. where buying makes sense.
Does it make more sense to rent or buy a home?
If you live in Farmington Hills, the answer may be "buy". An Aol Real Estate blog review of rental and home ownership costs found that in the Warren-Troy-Farmington Hills market, the average cost of ownership, $567 per month, is nearly $1,000 less than the average rent, $1,522.
Read where the data came from in 9 Cities Where Renting Makes No Sense.
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