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30-Yr Fixed6.71%▲ 0.04 15-Yr Fixed5.88%▲ 0.02 Median List$429,900▼ 0.8% Existing Sales4.03M▲ 1.2% Housing Starts1.32M▼ 2.1% REITs · VNQ$91.20▲ 0.9% Case-Shiller324.1▲ 0.3% Active Inventory1.09M▲ 3.4%

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Market Desk
30-Yr Fixed6.71%▲ 0.04 15-Yr Fixed5.88%▲ 0.02 Median List$429,900▼ 0.8% Existing Sales4.03M▲ 1.2% Housing Starts1.32M▼ 2.1% REITs · VNQ$91.20▲ 0.9% Case-Shiller324.1▲ 0.3% Active Inventory1.09M▲ 3.4%

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Renting a Home Requires $14,408 Less Annual Income Than Buying

Renting a Home Requires $14,408 Less Annual Income Than Buying

Renting a Home Requires $14,408 Less Annual Income Than Buying, according to Zillow’s November 12, 2026, rental report. The analysis puts typical single-family rent at $2,243 a month and estimated ownership costs at $2,603. The figures highlight how borrowing costs, regional prices and upfront savings influence household housing decisions. Key Takeaways Zillow estimates a $360 monthly difference between renting and owning a typical single-family house with 20% down The annual income thresholds are $89,724 for renting and $104,132 for owning under a 30% housing-cost benchmark San Jose has the largest modeled income gap, at $214,364, while Buffalo has no gap in the analysis Zillow’s renter demand index rose 22.1% nationally over the past year, including 24.3% for single-family rentals Zillow’s $14,408 figure describes additional annual income needed under its affordability model, not a salary requirement imposed by lenders. Borrowers’ credit, debt and down payments can change the amount a lender