Is it better to rent or buy in 2026?

The decision depends on interest rates, home prices, and your timeline. Generally, buying is better if you plan to stay 5-7+ years. Use our calculator to find your specific break-even point.

What is the 5% rule for renting vs buying?

The 5% rule states that unrecoverable costs of owning are roughly 5% of the home value annually (1% property tax, 1% maintenance, 3% cost of capital). If annual rent is less than 5% of the home price, renting may be cheaper.

SmartRentOrBuy

Real Estate Agents in Minneapolis, MN

Find experienced buyer's and seller's agents to help you navigate the real estate market.

33 verified providers in Minneapolis, MN

Top Real Estate Agents in Minneapolis, MN

Compare ratings, reviews, and services to find the right professional for your needs.

Keith Sturm

Minneapolis, MN

4.3(138 reviews)

Licensed independent real estate broker in Colorado.

Lamar Newburn

Minneapolis, MN

4.1(78 reviews)

Licensed employing real estate broker in Colorado.

GNP REALTY PARTNERS, LLC

Minneapolis, MN

0.5(70 reviews)

Licensed real estate professional in Minneapolis, MN.

COSTAR REALTY INFORMATION INC

Minneapolis, MN

0.5(65 reviews)

Licensed real estate professional in Minneapolis, MN.

J.B. REALTY, INC.

Minneapolis, MN

0.5(63 reviews)

Licensed real estate professional in Minneapolis, MN.

BAIRD & WARNER REAL ESTATE INC

Minneapolis, MN

0.5(61 reviews)

Licensed real estate professional in Minneapolis, MN.

FULL CIRCLE REALTY & PROPERTY MANAGEMENT LLC

Minneapolis, MN

0.5(59 reviews)

Licensed real estate professional in Minneapolis, MN.

CONTINUUM REAL ESTATE

Minneapolis, MN

0.5(57 reviews)

Licensed real estate professional in Minneapolis, MN.

NORTH PULASKI REALTY COMPANY

Minneapolis, MN

0.5(44 reviews)

Licensed real estate professional in Minneapolis, MN.

MESIROW REALTY SALE-LEASEBACK, INC.

Minneapolis, MN

0.5(31 reviews)

Licensed real estate professional in Minneapolis, MN.

K & L REALTY, INC.

Minneapolis, MN

0.5(29 reviews)

Licensed real estate professional in Minneapolis, MN.

PARKSIDE REALTY, INC.

Minneapolis, MN

0.5(26 reviews)

Licensed real estate professional in Minneapolis, MN.

SPECTRUM REAL ESTATE PROPERTIES, INC.

Minneapolis, MN

0.5(26 reviews)

Licensed real estate professional in Minneapolis, MN.

MESIROW REALTY SERVICES, INC

Minneapolis, MN

0.5(24 reviews)

Licensed real estate professional in Minneapolis, MN.

FULTON GRACE REALTY, LLC

Minneapolis, MN

0.5(11 reviews)

Licensed real estate professional in Minneapolis, MN.

GOLUB REAL ESTATE CORP.

Minneapolis, MN

0.5(8 reviews)

Licensed real estate professional in Minneapolis, MN.

INTER CAPITAL REALTY CORPORATION

Minneapolis, MN

0.5(6 reviews)

Licensed real estate professional in Minneapolis, MN.

Crew2 Inc.

Minneapolis, MN

0.4(121 reviews)

Licensed home repair contractor in Chicago, IL.

HINTON REALTY DEVELOPMENT, LLC

Minneapolis, MN

0.4(75 reviews)

Licensed real estate professional in Minneapolis, MN.

Z TO A REALTY LLC

Minneapolis, MN

0.4(67 reviews)

Licensed real estate professional in Minneapolis, MN.

BRIDGEPORT REALTY GROUP LLC

Minneapolis, MN

0.4(66 reviews)

Licensed real estate professional in Minneapolis, MN.

WHI REAL ESTATE PARTNERS L.P.

Minneapolis, MN

0.4(64 reviews)

Licensed real estate professional in Minneapolis, MN.

GOLDEN CITY REALTY INC

Minneapolis, MN

0.4(50 reviews)

Licensed real estate professional in Minneapolis, MN.

MESIROW REAL ESTATE INVESTMENTS, INC.

Minneapolis, MN

0.4(47 reviews)

Licensed real estate professional in Minneapolis, MN.

TREMONT REALTY CAPITAL LLC

Minneapolis, MN

0.4(46 reviews)

Licensed real estate professional in Minneapolis, MN.

J AND A CHICAGO REALTY, LLC

Minneapolis, MN

0.4(37 reviews)

Licensed real estate professional in Minneapolis, MN.

WHI COLLECTIVE REAL ESTATE LP

Minneapolis, MN

0.4(37 reviews)

Licensed real estate professional in Minneapolis, MN.

MPSM # 476 REALTY CORP., INC.

Minneapolis, MN

0.4(32 reviews)

Licensed real estate professional in Minneapolis, MN.

CAMBRIDGE REALTY CAPITAL LTD. OF ILLINOIS

Minneapolis, MN

0.4(27 reviews)

Licensed real estate professional in Minneapolis, MN.

MADO REALTY LLC

Minneapolis, MN

0.4(19 reviews)

Licensed real estate professional in Minneapolis, MN.

DIAZ HOMES REALTY, INC.

Minneapolis, MN

0.4(12 reviews)

Licensed real estate professional in Minneapolis, MN.

DL3 REALTY ADVISORS, LLC

Minneapolis, MN

0.4(10 reviews)

Licensed real estate professional in Minneapolis, MN.

OPTIMUS REALTY INC.

Minneapolis, MN

0.4(10 reviews)

Licensed real estate professional in Minneapolis, MN.

Not Sure If You Should Rent or Buy in Minneapolis, MN?

Use our advanced calculator to analyze the true costs and see which option makes more financial sense for your situation.

View Minneapolis, MN Market Analysis