Clients always ask the realtor which of these two choices, buying or renting is better for them. Not because I am a realtor and I will always say that it is buying which is better. Even that I am a realtor and of course would like to earn commission, it is still the best interest of the client that is first and foremost. Meeting a client for example, I always discuss owning a property involves other costs such as property tax, fire insurance (if your house is detached) and other expenses. True that sometimes you pay more and spend more when owning a house but your house becomes an investment. Adding the equity and the principal and interest that are getting paid overtime will surely inspire an owner like you. For the apartment, well sometimes rent and utilities are all inclusive except for the content insurance. For just five years staying in an apartment with an average rent of $1000 a month for a one bedroom, and just do the math, more money are going to the drain.
It also depends on your capability. If your really can not afford to buy a house as per advised by the mortgage agent or broker, then don't insist. A good realtor can advise you. And you can depent