It’s a question that millions of Americans face every year: Should I rent a place to live or should I buy one? The answer depends on an array of factors, including how much money you’re prepared to sink into your home.

To help you figure out whether to head down the rent or own route, we’ve created this infographic that covers some key considerations.

Fast fact: About two-thirds of Americans are homeowners and about one-third are renters, according to the National Multifamily Housing Council.

For more information about renting vs. owning, read this article on The SpareFoot Blog.

rent vs. own