Renting vs Buying Analysis

This analysis compares median mortgage payments to median rents across 30 cities and 75 zip codes in the Austin metro area. It calculates the payment on a median priced home with 20% down (principal, interest, taxes and insurance - PITI) as a percentage of the median household income for each area. It compares that to median rent as a percentage of median income.


This analysis compares median mortgage payments to median rents across cities and zip codes in the Austin metro area. It calculates the payment on a median priced home with 20% down (principal, interest, taxes, and insurance - PITI) as a percentage of the median household income for each area. It compares that to median rent as a percentage of median income. It is important to note that purchasing a home can offer significant tax savings compared to renting, in addition to the other financial considerations.

Disclaimer: The information provided is based on the median sold price, average mortgage rate, 0.68% insurance, and average tax rate for the specified area. Please keep in mind that actual property figures may vary and are subject to individual circumstances and market fluctuations.

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Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Team Price Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information provided Courtesy of San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.