renter resource

When is renting a good idea?

While I'm a strong advocate for owning real estate, renting can be the right choice in certain situations.

  • Still saving for a down payment? You only need around 5% plus a few months of reserves. Once you’re close, let’s start exploring available homes.

  • New to the area? Renting first can help you decide if a location is the right fit.

  • Enjoying low rent or stress-free living? If your rent is below market and you like the convenience of not handling repairs, renting might be best for now — but keep an eye on home options.

If you need help finding a rental or want to join my renter database (for first access to vacancies), reach out today!

First respectable landlord I’ve had, and Spencer made our transition back to the US a lot easier. Overall landlord experience made it easy to choose him as a realtor, and happy to have him as a landlord/then realtor.

–– Sam

RENT VS OWN

All Numbers are Based on 3 bedroom homes and mortgage rates as of July 2025

In the 53703 zip code (includes areas surrounding the capital) the median price is $673,750. In that location it’s more likely that renting could be the right option.

In the 53718 zip code (includes far east side of Madison, right up to McFarland, Sun Prairie and Cottage Grove) the median price is $456,000. Rent is actually the highest at $2686/mth. This location it’s clearly better to buy.