Buying vs. Renting on Long Island in 2025 — The Real Numbers

But when we run the actual numbers, the opposite is usually true.

Renting Costs

• Avg 2-bedroom rent: $2,800–$3,400

• No equity

• Market increases yearly

• No control

Buying Costs

• Monthly payments similar in many towns

• You build equity

• Fixed payment

• Tax benefits

Want to compare renting vs buying based on YOUR numbers?

📲 Message Jeffrey Jimenez — Top Long Island Realtor for a free Rent vs Buy Analysis.