May 16—People on the hunt for a place to live often wonder whether to buy a home or rent an apartment. The median rent for all property types in Santa Fe, according to Zillow Rentals Data in April 2023, was approximately $2,500/month, an increase of $256 from last year to this year. In Albuquerque, the median rent for all property types was $1,450/month in April 2023, according to Zillow Rental Data. According to real estate investor, insurance professional and intrepid world traveler Sam Levy, the decision to buy or rent involves more than money. To buy or rent in this market?

Source: Forbes May 17, 2023 05:49 UTC