Webrenting is cheaper than buying, according to a new bankrate survey. In 21 u. s. Metros, the monthly cost of owning is at least 50% more expensive than the. Renting offers flexibility, lower upfront costs, and. Webin billings it is cheaper overall to rent than to own. For billings, they found rent would cost $1,085 a month where a mortgage (with all that goes with it) was.