Compare a specific home you want to buy against a comparable rental.
New Calculator Answers the Question: “Should I Rent or Buy?” trulia's rent vs buy
Trulia's approach goes beyond monthly payments. They calculate the and compare it to the "Total Cost of Renting" over a set period (typically 7 years). Buying Costs Included Renting Costs Included Mortgage principal & interest Monthly rent payments Property taxes & hazard insurance Renter’s insurance Closing costs & HOA fees Security deposits Maintenance & renovation costs Lost opportunity cost on deposits Offset by: Tax deductions & equity How the Trulia Calculator Works Compare a specific home you want to buy
As of early 2026, the rent vs. buy landscape has shifted due to stabilized home prices and moderately easing mortgage rates (averaging ~6.0–6.3%). trulia's rent vs buy
Factoring in mortgage interest deductions can lower the effective cost of owning.