Rent vs Buy in Ogden, UT
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Renting looks favorable in Ogden, UT
Price-to-rent ratio is 22.0 (under 15 favors buying, over 21 favors renting). Renting costs $1,532/mo; owning runs about $2,979/mo — $1,447/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 6.80% rate) | $2,105 |
| Property tax | $370 |
| Home insurance | $168 |
| Maintenance | $336 |
| Total to own | $2,979 |
| Average 2BR rent | $1,532 |
Based on a median home value of $403,563 with a $80,713 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.