Rent costs about what mortgage payments do. You won’t save ANY money by renting. You’ll pay more. Remember that the landlord isn’t only charging you what his or her costs are, but also (theoretically) some profit. It’s cheaper to just buy. Then you’re not paying profit to the landlord. And after 15-30 years, you have zero house payments. And while you ARE making those payments, they stay the same, other than changes in property taxes and insurance. Rent will go up in 30 years. Your mortgage payments won’t.
Renting is ruinous.