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Middleton is one of the most expensive places to live around Madison. If you have an economy car & don't mind the commute, then I'd live outside of Madison. Do the calculations & see what's best. I'm assuming you're working in Middleton, so it'd be easy to live in a rural western area outside Madison.
Buying a house is often overrated. Consider these points.
How long will you live in the area? Some say you need to at least stay 5 years, some 15 years. Shorter than that, it's better to rent. Realtor fees, cleaning, buying new stuff for the house, all add up.
Should be debt free
Able to buy a house that costs 30% or less of paycheck.
job with solid future
Decent down payment 3 - 10%
Buy as little house as you can be satisfied with
Don't spend money you don't have & don't count on future anticipated earnings. Be careful.
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Rent or Buy
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