<prompt> Human: I recently relocated to a town for work where there is a high renting population and a lower home owning population. Im currently renting a 1 bedroom apartment for 595 a month. After a maintenance fee and the few utilities I pay my monthly cost is roughly 750. In the same neighborhood There are several 2-3 bedroom homes available for 90-120K. I am in my low 20s and make 60K a year. I do currently have 80K in student loan debt and 16K left on a car payment. Ive only ever rented but in a situation like this where the market is skewed higher for renting and lower for owning does it make sense to buy a home now?  <response>: If you were going to stay in this town for several years AND you didnt have that massive student debt, then you should buy. Focus instead on paying off your debt. 750 in rent at your income level isnt very much. 