If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. A recent article from realtor.com said that a median rent across the 50 largest US metropolitan areas reached $1,876 in June 2022, a new record level for Realtor.com data for the 16th consecutive month.”