Illustration comparing renting and buying, with a smoky chair and dollar bills balanced against a brick house over the New York skyline.

The Math Nobody Wants to Talk About: In New York, Buying Can be Cheaper Than Renting

The Math Nobody Wants to Talk About: In New York, Buying Can Be Cheaper Than RentingArticle excerpt comparing the full monthly cost of owning an apartment with renting one, despite high mortgage rates.Infographic showing monthly ownership costs minus estimated tax benefits to calculate the real cost of owning.Model assumptions and a South Harlem condo case study comparing the costs of owning and renting.Infographic comparing South Harlem condo ownership costs with rent, showing ownership $183 cheaper per month.Article excerpt compares buying and renting, then details costs for a $1.5 million Financial District condo.Infographic comparing monthly costs of buying a Financial District condo with renting in the same building.Cost comparison graphic: owning costs $8,114 monthly, $186 less than renting in the same building.Case study comparing ownership costs for a Factory House penthouse with comparable Brooklyn rental costs.Infographic comparing $14,275 monthly ownership costs with a comparable luxury rental, showing ownership is $975 cheaper.Article excerpt comparing the costs of buying and renting in New York, with a highlighted quote about rent and equity.Factors that can strengthen the buy-versus-rent case, including low taxes, reasonable charges, and strong rental demand.Article section on when buying makes sense: compare net monthly costs with rent and check the building’s finances.Text graphic explaining when buying an apartment may cost less than renting.Assumptions and disclosures for the New York buying-versus-renting cost comparison, including mortgage, tax, and cost-model caveats.

There's More to Explore

Manhattan market infographic showing rising new supply and falling contract activity over a sunset skyline.
Manhattan’s Fall Market Just Sent a Warning
Furnished condo living and dining room with dark hardwood floors and a coffered ceiling.
The Meier Report - October - 2026
Editorial graphic showing an ornate mansion facade with the headline “Our Industry Is Going Backwards.”
The Meier Report - September - 2026
Editorial graphic argues real estate is going backward and advocates open access, transparency, reliable data, and better advice.
Real Estate Is Going Backward
View All

THE MEIER TEAM

Our master intuition of the market, expertise in negotiation, and deep roots in every New York borough brings clear, transparent strategies for success to the forefront of global luxury real estate.
Contact Us

Follow Us on Instagram

Contact Details

THE MEIER TEAM

Phone

917-656-3230

Email

[email protected]

Address

590 Madison Avenue, New York, NY 10022

Submit a Message

Message sent successfully!