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Renting a Home Quiz

There’s a lot to consider when renting an apartment. The renting step-by-step guide on My Home by Freddie Mac® has information and resources to help you navigate the process with confidence.

Start by educating yourself about the considerations for renting versus buying, what you can afford to rent, your credit as a renter and renting with the goal of buying. Then, test your knowledge with this quiz.

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Which of the following is a common reason people give for preferring to rent a home?
Which of the following is a common reason people give for preferring to own a home?
Which of the following is NOT a potential cost associated with renting?
What should you do now if you plan to become a homeowner?
If you have no credit history, what should you do to help establish one?

CreditSmart ® Essentials

Learn how to manage money, build good credit, and set and track goals with CreditSmart Essentials, a free, customizable online course — also available in Spanish.

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