Rent vs buy in Euless, TX
In Euless, Texas, typical rent is $1,628 /mo and typical home value is $351,791.
Over 7 years, renting comes out ahead by $38k.
The calculation uses Euless's typical figures for rent and home value, plus 20% down and today's mortgage rate. The break-even year is 16.
A clearly labelled opinion, with the math shown. These figures are estimates, not quotes. If you change a number, the stamp changes with it.
- Renting leads by
- $38k after 7 years
- Break-even point
- year 16 when owning catches up
- Full cost of ownership
- $3,286 monthly year 1, against $1,628 rent
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The stamp draws on Euless's typical figures for rent and home value. The result can flip based on your rent, price and years.
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In Euless, which costs less, renting or buying?
Across 7 years, renting saves $37,900 after counting the money you get back when you sell. For the first 15 years, renting costs less. During year 16, owning catches up.
Rent. Buy. Running net cost by year.
Comparing average rent and mortgage payments in Euless
Rent and the mortgage don't tell the whole story. At Euless's typical price, every monthly cost in year 1 is shown.
| Each month, year 1 | Amount | What it is |
|---|---|---|
| Rent | $1,628 | All of it, every month |
| Mortgage payment | $1,918 | $1,691 of it is interest in year 1 |
| Property tax | $428 | 1.46% of the value a year |
| Insurance | $156 | Census median for the city |
| Upkeep | $293 | 1% of the value a year |
| Owning, cash out | $2,795 | $227 of it builds equity |
| Lost return on the down payment | $572 | What the cash would earn each year at 8.3% |
| Buying costs, spread out | $147 | 3.5% of the price over 7 years |
| True cost of owning | $3,286 | Cash paid out, minus the equity portion, plus the two items listed above |
The Euless verdict, explained by the numbers
- Typical home value: Zillow, ZHVI, September 2026
- $351,791
- Typical rent: Zillow, ZORI, September 2026
- $1,628 each month
- A 20% down payment avoids private mortgage insurance. The engine doesn't model it.
- 20%
- Home price growth, using the FHFA index covering house prices in Texas, 1995 to 2025
- 4.7% each year
- Rent trend: Yearly CPI rent growth for primary residences, 2006 to 2026
- Each year: 3.5%
- Savings return: 60% S&P 500 with dividends, 40% 10-year Treasuries; rebalanced each year, 1928 to 2025
- Each year: 8.3%
- Property tax: Census data, ACS 2020-2024, Euless
- 1.46% of the value
- Home insurance: Census data, ACS 2020-2024, Euless
- Monthly cost: $156 /mo
- See Fannie Mae, at the low end of 1% to 4% for upkeep estimates.
- Each year, 1% of value.
- Purchase costs: Freddie Mac, 2% to 5% midpoint
- 3.5% of the price
- Selling costsAgent commission and closing costs
- 6% of the price
What could change the result in Euless?
Each line marks the threshold where Euless's 7-year verdict changes, with every other factor unchanged.
When renting comes out ahead
- Home prices rise by less than 6.0% a year (we use Texas's long-run rate of 4.7%).
- The mortgage rate remains above 5.32%.
- A home like this costs less than $2,030 to rent each month, while the typical rent here is $1,628.
- Your move occurs before year 16.
When buying comes out ahead
- Home prices rise faster than 6.0% a year.
- You secure a mortgage rate under 5.32%, while today's rate is 7.24%.
- The monthly rent for that same home would exceed $2,030.
- You remain for 16 years or more.
How Euless compares with 812 other cities
| Measure | Euless | Median city |
|---|---|---|
| Typical home value | $351,791 | $422,451 |
| Typical rent | $1,628 /mo | $1,837 /mo |
| Price-to-rent ratio | 18.0 (#429 of 813) | 18.5 |
| Home prices, last 10 years | 6.1% a year | 6.2% a year |
| Rents, last 5 years | 3.3% a year | 4% a year |
| Property tax | 1.46% | 0.87% |
| Households that rent | 60% | 42% |
Data from: Zillow ZHVI and ZORI, Census ACS 2020-2024.
More cities in Texas
- Toss-up. Houston, TX. Renting is ahead by $2k, so the result is a toss-up.
- Rent. San Antonio, TX. Renting comes out ahead by $10k.
- Rent. Dallas, TX. Renting comes out ahead by $20k.
- Rent. Fort Worth, TX. Renting comes out ahead by $17k.
- Rent. Austin, TX. Renting comes out ahead by $111k.
- Toss-up. El Paso, TX. Buying is ahead by $2k, so the result is a toss-up.
- Rent. Arlington, TX. Renting comes out ahead by $34k.
- Buy. Corpus Christi, TX. Buying comes out ahead by $4k.
- Rent. Plano, TX. Renting is ahead by $105k.
- Toss-up. Lubbock, TX. Buying is ahead by $2k.
- Rent. Laredo, TX. Renting is ahead by $20k.
- Rent. Irving, TX. Renting is ahead by $36k.