Renting vs. Buying During a PCS Move: What’s Best for Your Situation?

The PCS Dilemma: To Rent or to Buy?

Orders have arrived, and the clock is ticking. A new city, new responsibilities, and the big question: should you rent or buy your next home? For military families, this isn’t just about housing—it’s about making the smartest financial and lifestyle choice for your unique situation. Crestview, FL, with its proximity to Eglin Air Force Base and Hurlburt Field, presents a dynamic real estate market where the right decision can mean financial gains or unnecessary stress. The key? Understanding what’s best for you—not just for now, but for the long term.

Factors to Consider When Deciding to Rent or Buy

Before signing a lease or a mortgage, consider these critical factors:

1. Your Expected Time at This Duty Station

   • Will you be stationed in Crestview for less than two years? Renting may be the smarter choice.

   • Expecting three years or more? Buying could be a long-term investment that pays off.

2. Market Conditions & Appreciation Potential

   • Crestview’s real estate market is military-friendly, with stable demand driven by PCS cycles.

   • Home values in the area have steadily appreciated, meaning buying now could yield a profitable resale or rental income later.

3. Your Financial Readiness

   • Do you have funds for a down payment, closing costs, and home maintenance?

   • VA loans offer zero-down financing, but owning still comes with responsibilities.

4. Flexibility vs. Stability

   • Renting provides mobility—perfect if your orders change unexpectedly.

   • Owning gives you stability, a place to call home, and potential financial growth.

Market Trends in Crestview, FL: A Military-Friendly Hotspot

Crestview is a growing military community, and its housing market reflects that:

• Home Prices: The median home price is competitive compared to other military hubs, making it an attractive place to buy.

• Rental Demand: High PCS turnover means rental properties are in constant demand, creating a strong market for landlords.

• Long-Term Growth: With ongoing development and military investment in the region, home values continue to rise steadily.

How to Build Equity Even If You Move Every Few Years

Think owning a home isn’t worth it because you move often? Think again. Here’s how to turn homeownership into an asset—even if you PCS frequently:

1. Use a VA Loan Wisely – With no down payment required, you can buy with minimal upfront costs and start building equity immediately.

2. Buy in a High-Demand Location – Look for homes near military bases, top-rated schools, and local amenitiesto maximize resale potential.

3. Consider Turning Your Home Into a Rental – Many military homeowners become landlords and keep earning income even after moving.

4. Leverage Market Appreciation – Selling at the right time—when the market is up—can turn your home into a profit-generating investment.

So, Should You Rent or Buy?

There’s no universal answer. The right choice depends on your goals, your timeline, and your financial situation. Renting is ideal for short stays and flexibility, while buying offers stability and the potential for financial gain.

Your Next Step: PCS With Confidence

Navigating a PCS move is tough, but you don’t have to do it alone. Whether you decide to rent or buy in Crestview, having a plan in place is key.

Want personalized advice? Schedule a PCS Relocation Consultation today, and let’s create a housing strategy that works for you and your future.