Calculator Should I Rent or Buy? True Cost of Buying Calculate Now
CA Housing Market

Rent vs Buy Calculator: Should I Rent or Buy in San Francisco?

Here's the data you need to decide — based on San Francisco's median home prices, rents, property taxes, and market trends.

Average Rent vs Home Price in San Francisco: Market Snapshot

Median Home Price

$1,350,000

Median Rent

$3,500/mo

Price-to-Rent Ratio

32.1

Favors renting

Property Tax

0.7%

Home Appreciation

3.5%/yr

Avg HOA

$600/mo

Cost of Renting vs Buying in San Francisco: Monthly Cost Comparison

Here's what it costs to buy vs rent in San Francisco with default assumptions (20% down, 6.5% rate, 30-year mortgage):

Estimated Buying Cost

Mortgage (P&I) $6,826
Property Tax $833
Insurance $150
Maintenance $1,125
HOA $600

Estimated Renting Cost

Monthly Rent $3,500
Renter's Insurance $13
Rent Increase 3.0%/yr

Is It Cheaper to Rent or Buy in San Francisco? Key Insights

High price-to-rent ratio (32.1) — Renting is likely the better financial move unless you plan to stay 8+ years or expect above-average appreciation.

Significant HOA fees ($600/mo) — Common in San Francisco. This is a non-recoverable cost that can significantly delay your breakeven point.

Strong appreciation (3.5%/yr) — Home values are growing faster than average, which accelerates the breakeven point for buyers.

📊

Run the full calculator with San Francisco's data pre-loaded to see your exact breakeven year based on your down payment, income, and timeline.

Use Our Rent vs Buy Calculator for San Francisco

Our calculator is pre-loaded with San Francisco's market data. Adjust your down payment, interest rate, and timeline to find your exact answer.

Use the San Francisco Rent vs Buy Calculator

Explore other cities