Rent vs buy in Beaumont, TX
In Beaumont, Texas, the typical rent is $1,287 /mo and the typical home is $172,183.
Buying comes out ahead by $18k over 7 years
Using 20% down and today's mortgage rate, alongside Beaumont's typical rent and home value. The break-even point is year 4.
An opinion, clearly marked with the math shown. These figures are estimates, not quotes. If you change a number, the stamp changes with it.
- How far owning comes out ahead
- $18k after 7 years
- Break-even point
- The 4th year when owning catches up
- Actual cost of owning
- $1,715 each month year 1, against $1,287 rent
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The stamp relies on Beaumont's typical rent and home value. The result can change with your rent, price and years.
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Is it cheaper to rent or buy in Beaumont?
Once you include the money returned when you sell, buying costs $18,012 less over 7 years. In year 4, owning's net cost falls below renting's and remains lower.
Rent. Own. Net cost through each year.
Mortgage payment compared with average rent in Beaumont
Rent and mortgage payments don't tell the whole story. Every monthly cost in year 1 appears here at Beaumont's typical price.
| Each month, year 1 | Amount | What it is |
|---|---|---|
| Rent | $1,287 | All of it, every month |
| Mortgage payment | $939 | $827 of it is interest in year 1 |
| Property tax | $227 | 1.58% of the value a year |
| Insurance | $166 | Census median for the city |
| Upkeep | $143 | 1% of the value a year |
| Owning, cash out | $1,475 | $111 of it builds equity |
| Lost return on the down payment | $280 | Annual earnings on that cash at 8.3% |
| Buying costs, spread out | $72 | 3.5% of the price over 7 years |
| True cost of owning | $1,715 | Cash out minus the equity portion, plus the two costs listed above |
The figures behind the Beaumont result
- Typical home valueZillow ZHVI, September 2026
- $172,183
- Typical rentZillow ZORI, September 2026
- $1,287 /mo
- Down payment20% avoids private mortgage insurance, which the engine does not model
- 20%
- Mortgage rateFreddie Mac Primary Mortgage Market Survey (FRED MORTGAGE30US)
- 7.24%
- Home price growthFHFA house price index, Texas, 1995 to 2025
- 4.7% a year
- Rent growthCPI rent of primary residence, yearly growth 2006 to 2026
- 3.5% a year
- Return on savings60% S&P 500 with dividends and 40% 10-year Treasuries, rebalanced yearly, 1928 to 2025
- 8.3% a year
- Property taxCensus ACS 2020-2024, Beaumont
- 1.58% of value
- Home insuranceCensus ACS 2020-2024, Beaumont
- $166 /mo
- MaintenanceFannie Mae, low end of 1% to 4%
- 1% of value a year
- Buying costsFreddie Mac, middle of 2% to 5%
- 3.5% of price
- Selling costsAgent commission plus closing costs
- 6% of price
What could change the result in Beaumont?
Each line shows when the 7-year result in Beaumont would change, with all other figures staying the same.
Renting comes out ahead if
- Annual home price growth stays below 3.3%. We use 4.7%, based on Texas's long-term rate.
- The mortgage rate remains above 9.08%.
- Renting a home like this takes less than $1,090 each month, compared with the typical $1,287 here.
- You make your move before year 4.
Buying comes out ahead if
- Home prices rise by more than 3.3% a year.
- You lock in a mortgage rate below 9.08%, while today's rate is 7.24%.
- You would pay more than $1,090 each month to rent the same home.
- You remain for 4 years or more.
How Beaumont compares with the other 812 cities
| Measure | Beaumont | Median city |
|---|---|---|
| Typical home value | $172,183 | $422,451 |
| Typical rent | $1,287 /mo | $1,837 /mo |
| Price-to-rent ratio | 11.1 (#776 of 813) | 18.5 |
| Home prices, last 10 years | 3.2% a year | 6.2% a year |
| Rents, last 5 years | 4% a year | 4% a year |
| Property tax | 1.58% | 0.87% |
| Households that rent | 45% | 42% |
Sources: Zillow ZHVI and ZORI, Census ACS 2020-2024.
More cities in Texas
- In Houston, TX, it's a toss-up, with renting $2k ahead.
- The verdict is rent. San Antonio, TX. Renting comes out ahead by $10k.
- The verdict is rent. Dallas, TX. Renting comes out ahead by $20k.
- The verdict is rent. Fort Worth, TX. Renting comes out ahead by $17k.
- The verdict is rent. Austin, TX. Renting comes out ahead by $111k.
- In El Paso, TX, it's a toss-up, with buying $2k ahead.
- The verdict is rent. Arlington, TX. Renting comes out ahead by $34k.
- The verdict is buy. Corpus Christi, TX. Buying comes out ahead by $4k.
- The verdict is rent. Plano, TX. Renting comes out ahead by $105k.
- In Lubbock, TX, it's a toss-up, with buying $2k ahead.
- The verdict is rent. Laredo, TX. Renting comes out ahead by $20k.
- The verdict is rent. Irving, TX. Renting comes out ahead by $36k.