Renting vs. Buying on Oahu
The short answer: Nationally, renting is $1,066 a month cheaper than buying, according to Zillow. On Oahu the gap depends on what you buy. A median single-family home costs far more per month than renting. A median condo’s principal and interest alone ($2,704/mo) already exceeds the $2,642/mo two-bedroom Fair Market Rent, before tax, insurance, and…