Is it more affordable to rent or buy a home?

Is it more affordable to rent or buy a home?
New data from Realtor.com indicates that the difference in affordability of either purchasing or renting a home is tightening. According to the company’s Rent vs. Buy report, in the fourth quarter of 2018, buying a home was more affordable than renting in only 17% of U.S. counties, falling from 25% in 2017.
Source: https://www.housingwire.com/rss