Schwab MoneyWise ®

Rent vs. Buy Calculator

Rent or buy: Which is right for me?

Use this tool to help determine whether buying a home is a better option than renting, based on your personal circumstances. The tool evaluates many factors, including the amount of time you expect to stay in your new home, rent and home appreciation rates, and the rate you earn on savings, as well as taxes and maintenance costs.


The information on this website is for educational purposes only. It is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner, or investment manager.

The Charles Schwab Foundation is a 501(c)(3) nonprofit, private foundation that is not part of Charles Schwab & Co., Inc. or its parent company, The Charles Schwab Corporation.

Charles Schwab & Co., Inc. ("Schwab"). All rights reserved. Member SIPC.