Rent vs Buy Simulator

Compare the true costs of renting versus buying a home in your market.

Renting

$
$
%

Buying

$
$
%
%
%

Analysis Settings

years
%
%
Total Rent Cost
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Total Buy Cost
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Winner
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Cost Comparison Over Time

The True Cost of Homeownership

The decision between renting and buying a home is one of the biggest financial choices you'll make. Our Rent vs Buy Simulator takes the guesswork out of this decision by providing a comprehensive, data-driven comparison tailored to your situation.

This powerful tool factors in home prices, rent costs, mortgage rates, property taxes, maintenance expenses, and opportunity costs to show you the true financial impact of each option over time. You'll see exactly how long it takes for buying to become the better financial choice (the breakeven point) and understand the long-term wealth implications.

Whether you're a first-time homebuyer, considering a move, or simply curious about your local market, this simulator provides the clarity you need. Make your housing decision with confidence, backed by real numbers and personalized insights about your specific market conditions.

How to Use This Calculator

1

Enter your local rent costs and target home price

2

Input mortgage details, taxes, and maintenance estimates

3

Compare the 10-year financial outcome of each option