Rent vs Buy in San Antonio, TX
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Buying looks favorable in San Antonio, TX
Price-to-rent ratio is 13.9 (under 15 favors buying, over 21 favors renting). Renting costs $1,501/mo; owning runs about $1,874/mo — $373/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 6.95% rate) | $1,330 |
| Property tax | $230 |
| Home insurance | $105 |
| Maintenance | $209 |
| Total to own | $1,874 |
| Average 2BR rent | $1,501 |
Based on a median home value of $251,065 with a $50,213 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.