Renting a house to live in is a good idea for people who do not want to buy or own a property or wishes to live at a particular place permanently. Renting is also more appropriate for those people who currently do not have much amount of money to buy a property.
One more advantage of renting a house is the lower up front cost. People those who rents a house or take a house for lease would have to pay a lower amount of up front cost to the owner as advance money.