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Rent vs. Buy: Which is Cheaper for You?

The decision to rent or buy a home depends on where you live and also on your mortgage rate, tax bracket, and time horizon. Read our full report here.
Check out the Rent vs. Buy Calculator we use to power our map.

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What mortgage rate can you get
on a 30-year fixed-rate loan?
If you itemize your tax deduction,
what is your income tax bracket?
How many years will you stay
in your next home?

  • Cheaper to Rent   ←   
  •    →   Cheaper to Buy
  • 40%+
  • 40% – 20%
  • 20% – 0%
  • 0% – 20%
  • 20% – 40%
  • 40% – 60%
  • 60%+
Oakland, CA

It is 15% cheaper to rent