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Home > Is Now a Good Time to Rent?

Is Now a Good Time to Rent?

February 27, 2018 by jleonardi

Is Now a Good Time to Rent? | Simplifying The Market

People often ask if now is a good time to buy a home, but nobody ever asks when it’s a good time to rent. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.

The Census Bureau recently released their 2017 fourth quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

Is Now a Good Time to Rent? | Simplifying The Market

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

Bottom Line

One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!

Filed Under: BLOG POSTS

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I’m excited to share that voting is now open for I’m excited to share that voting is now open for the 21st Annual Style Magazine Readers’ Choice Awards — the region’s largest and longest-running contest!

Thanks to your incredible support, I’ve been honored as a Best Real Estate Agent for the past 9 years. This year, we're going for two titles:

🏆 Best Real Estate Agent – John Leonardi
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🗳️ Voting is open from May 15 – July 15, 2025
✅ You must vote in at least 10 different categories in the region for your ballot to count

If you’ve appreciated the work we’ve done for you, your family, or your referrals, I’d be incredibly grateful for your vote in both categories.

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🏆 VOTE FOR THE BEST – 2025 STYLE MAGAZINE REA 🏆 VOTE FOR THE BEST – 2025 STYLE MAGAZINE READERS’ CHOICE AWARDS 🏆

We’ve been honored as a Best Real Estate Agent in Style Magazine’s Readers’ Choice Awards for the past 9 consecutive years — and with your continued support, we’re going for 10!  CAST YOUR VOTE! LINK IN BIO

✨ Vote John Leonardi for Best Real Estate Agent
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🗳️ Voting Period: May 15 – July 15, 2025
✅ Remember: You must cast at least 10 votes in different categories within the region for your ballot to count!

Let’s keep the streak alive — your vote matters!

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