Compare renting vs buying using real housing data, mortgage assumptions, and long-term cost projections. Make the smartest financial decision for your future.
Includes mortgage payments, property taxes, insurance, and appreciation.
Compare real rent and home prices across major U.S. cities.
See how costs evolve over time — not just monthly payments.
These cities are seeing the highest population growth and inbound migration, making them some of the most competitive housing markets right now.
Rent: $2400/mo
Home: $415,000
Rent: $2200/mo
Home: $395,000
Rent: $3100/mo
Home: $560,000
Rent: $2300/mo
Home: $525,000
Rent: $2200/mo
Home: $460,000
Rent: $2000/mo
Home: $390,000
Our calculator compares the total cost of renting versus buying over time. Instead of just looking at monthly payments, it factors in long-term financial impact.
It depends on the market and timeframe. Renting is often cheaper short-term, while buying can be more beneficial over the long run due to equity and appreciation.
Typically 5–7 years, but this varies depending on home prices, interest rates, and rent levels in your area.
The calculator focuses on major ownership costs, but you should also budget 1–2% of home value annually for maintenance.
The decision to rent or buy a home in 2026 depends on several factors including interest rates, housing supply, and your personal financial goals. In high-cost markets, renting may be more affordable in the short term, while buying can provide long-term financial benefits through equity and appreciation.
Use this rent vs buy calculator to analyze your situation based on real data. Whether you're considering buying your first home or continuing to rent, understanding the full financial picture is critical.
Run your numbers and compare renting vs buying in seconds.
Start Now