Houston Rent vs. Buy Calculator
Compare the monthly cost and long-term financial impact of renting versus buying based on your loan, property expenses, and expected time in the home.
Updated Houston reference values: August 22, 2026. Replace the defaults with your actual rent, lender quote, insurance quote, property-tax estimate, HOA documents, and expected costs for the most useful comparison.
1Your Current Rental
Houston single-family rental reference, July 2026. Enter your actual rent when available.
2Proposed Home Purchase
PMI applied only when LTV exceeds 80%. Ends when balance reaches 78% of original value.
3Houston & Texas Property Costs
There is no single Houston property-tax rate. The total depends on county, city, school district, MUD, PID, appraisal, and exemptions. Replace with a property-specific estimate.
Flood and windstorm coverage may be separate from a standard homeowners policy.
4Long-Term Assumptions
May include title, escrow, preparation, concessions, and negotiated brokerage compensation. Brokerage fees are fully negotiable and not set by law.
Tax benefits depend on whether you itemize, deduction limits, income, filing status, and current tax law. No tax benefit is assumed unless you enter an estimate from your tax professional.