Are you looking for a new place to live? Maybe you’re family is growing and you need more space, or maybe you are graduating this spring and are ready to start life on your own. Either way, you probably have questions about whether to rent or buy. One is not necessarily better that the other. It is more of a situational factor, depending on what is important to you. The list below goes through some of the pros and cons of both renting and buying to help you make the right choice for you.