When the market changed a few years ago, many people lost their homes too. Job losses led to foreclosures and short sales. Most of those people then became renters.
Today, rental demand is up and so are rents. With more people looking to rent, landlords have been able to increase the rent they charge their lessees.
There are many advantages to buying rather than renting and their are programs out there to help you! Call today so we can talk and I can always recommend a few good lenders for you to talk with too.