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Rent vs Buy Calculator

Discover whether renting or buying a home is the better financial move for your situation.

Buying wins when

  • You plan to stay 5+ years
  • Local appreciation is strong (3%+/year)
  • Mortgage rates are below 6%
  • You have a stable income and 20% down payment
  • Rent-to-price ratio is above 0.05%

Renting wins when

  • You may move within 3 years
  • The housing market is overheated
  • You can invest the savings at higher returns
  • You value flexibility over equity
  • Local rent-to-price ratio is below 0.04%
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As an Amazon Associate, BuyDecide earns from qualifying purchases. Prices may vary.

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Frequently Asked Questions