Buying or Renting in Minnesota Choosing between renting or buying a home can be overwhelming. There are a few factors to consider to help you make your decision before buying or renting a home in Minnesota. What can you afford to pay? Most experts say you can afford a home that costs 2 ½ times your annual income. Income is all of the money you have coming in including salary, social security benefits, alimony, public assistance, etc. People sometimes underestimate the cost of a home the cost … [Read more...]