Rent vs Buy in Brockton, MA
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Rent and buy are roughly balanced in Brockton, MA
Price-to-rent ratio is 19.7 (under 15 favors buying, over 21 favors renting). Renting costs $2,155/mo; owning runs about $3,809/mo — $1,654/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 6.95% rate) | $2,703 |
| Property tax | $468 |
| Home insurance | $213 |
| Maintenance | $425 |
| Total to own | $3,809 |
| Average 2BR rent | $2,155 |
Based on a median home value of $510,460 with a $102,092 down payment. Owning also builds equity over time, which a monthly comparison doesn't capture. Estimates use national averages for taxes, insurance and maintenance — your actual costs will vary.