Rent vs buy in Chino, CA
A typical monthly rent in Chino, California is $3,286, while a typical home costs $746,933.
It's a toss-up: the two end up $3,026 apart over 7 years
The baseline uses 20% down and today's mortgage rate alongside Chino's typical rent and home value. The break-even point occurs in year 7.
An opinion with the math shown and a clear label. The figures are estimates, not quotes. Change any number and the stamp changes with it.
- Gap
- $3k after 7 years
- Break-even point
- year 7 when owning catches up
- What owning really costs
- $6,307 /mo year 1, against $3,286 rent
Change my numbers
For its calculation, the stamp takes Chino's typical rent and home value as inputs. Changes to your rent, price, or years can flip the result.
Are your numbers different from the city's?
Enter your own figures for rent, price and down payment. Your entries change the stamp.
Does renting or buying cost less in Chino?
After 7 years, the difference is no more than $3,026, so small changes decide the result. In year 7, owning's net cost moves below renting's and keeps that position.
Rental option. Home ownership. Running net cost by year.
Rent vs mortgage payment on average in Chino
Rent and mortgage payments don't tell the whole story. Here are all monthly costs in year 1 using Chino's typical price.
| Each month, year 1 | Amount | What it is |
|---|---|---|
| Rent | $3,286 | All of it, every month |
| Mortgage payment | $4,072 | $3,589 of it is interest in year 1 |
| Property tax | $473 | 0.76% of the value a year |
| Insurance | $97 | Census median for the city |
| Upkeep | $622 | 1% of the value a year |
| Owning, cash out | $5,265 | $483 of it builds equity |
| Lost return on the down payment | $1,214 | Annual return on the cash: 8.3% |
| Buying costs, spread out | $311 | 3.5% of the price over 7 years |
| True cost of owning | $6,307 | Cash out, minus the equity portion, plus the two lines above |
The figures behind Chino's outcome
- Typical home valueZillow ZHVI, September 2026
- $746,933
- Typical rentZillow ZORI, September 2026
- $3,286 /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, California, 1995 to 2025
- 5.3% 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, Chino
- 0.76% of value
- Home insuranceCensus ACS 2020-2024, Chino
- $97 /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 would flip the result in Chino?
With all other factors fixed, each line shows when Chino's 7-year result changes.
Renting comes out ahead when
- Home prices grow at under 5.3% a year. The 5.3% we use comes from California's rate over the long run.
- The mortgage rate remains above 7.31%.
- Monthly rent for a home like this is less than $3,250. The typical rent here is $3,286.
- Moving before year 7.
Buying comes out ahead when
- Annual home-price growth exceeds 5.3%.
- You lock in a mortgage rate under 7.31%; today's rate is 7.24%.
- The same home's monthly rent would exceed $3,250.
- A stay of 7 years or more.
How Chino stacks up against the other 812 cities
| Measure | Chino | Median city |
|---|---|---|
| Typical home value | $746,933 | $422,451 |
| Typical rent | $3,286 /mo | $1,837 /mo |
| Price-to-rent ratio | 18.9 (#391 of 813) | 18.5 |
| Home prices, last 10 years | 5.6% a year | 6.2% a year |
| Rents, last 5 years | 2.2% a year | 4% a year |
| Property tax | 0.76% | 0.87% |
| Households that rent | 36% | 42% |
Sources: Zillow ZHVI and ZORI, Census ACS 2020-2024.
More California cities
- Rent. In Los Angeles, CA, renting comes out ahead by $111k.
- Rent. In San Diego, CA, renting comes out ahead by $108k.
- Rent. In San Jose, CA, renting comes out ahead by $210k.
- Rent. In San Francisco, CA, renting comes out ahead by $128k.
- Buy. In Fresno, CA, buying comes out ahead by $22k.
- Toss-up. In Sacramento, CA, renting leads by $3k.
- Rent. In Long Beach, CA, renting comes out ahead by $111k.
- Rent. In Oakland, CA, renting comes out ahead by $44k.
- Buy. In Bakersfield, CA, buying wins by $11k.
- Rent. In Anaheim, CA, renting wins by $115k.
- Buy. In Stockton, CA, buying wins by $16k.
- Rent. In Riverside, CA, renting wins by $27k.