Rent vs Buy in Wenatchee, WA
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Renting looks favorable in Wenatchee, WA
Price-to-rent ratio is 27.8 (under 15 favors buying, over 21 favors renting). Renting costs $1,488/mo; owning runs about $3,707/mo — $2,219/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 6.95% rate) | $2,630 |
| Property tax | $455 |
| Home insurance | $207 |
| Maintenance | $414 |
| Total to own | $3,707 |
| Average 2BR rent | $1,488 |
Based on a median home value of $496,728 with a $99,346 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.