Rent vs buy in Flower Mound, TX
In Flower Mound, Texas, typical monthly rent is $2,298 and a typical home costs $599,753.
For 7 years, renting comes out $107k ahead.
Using Flower Mound's typical rent, its home value, and today's mortgage rate at 20% down. There is no break-even within 30 years.
Clearly marked as an opinion, with the calculations included. These are estimates, not quotes. The stamp changes when you change a number.
- Renting is ahead by
- $107k after 7 years
- Break-even point
- 30+ years owning never catches up sooner
- Actual cost of owning
- $5,577 /mo year 1, against $2,298 rent
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Is renting or buying cheaper in Flower Mound?
Renting costs $107,222 less over 7 years, including the money you get back when you sell. Throughout the years shown, renting has a lower net cost than owning, and the gap never closes within 30 years.
Rent Ownership. Net costs to date, shown year by year.
Flower Mound: average rent versus mortgage payment
At Flower Mound's typical price, these are all the monthly costs in year 1. The rent and mortgage don't tell the whole story.
| Each month, year 1 | Amount | What it is |
|---|---|---|
| Rent | $2,298 | All of it, every month |
| Mortgage payment | $3,270 | $2,882 of it is interest in year 1 |
| Property tax | $740 | 1.48% of the value a year |
| Insurance | $231 | Census median for the city |
| Upkeep | $500 | 1% of the value a year |
| Owning, cash out | $4,740 | $388 of it builds equity |
| Lost return on the down payment | $975 | At 8.3% a year, this is what the cash would earn. |
| Buying costs, spread out | $250 | 3.5% of the price over 7 years |
| True cost of owning | $5,577 | Cash out, minus the equity portion, plus the two lines above |
The figures behind the Flower Mound verdict
- Typical value of a homeZillow ZHVI, September 2026
- $599,753
- The usual rentZillow ZORI, September 2026
- $2,298 each month
- A 20% down payment avoids private mortgage insurance, but the engine does not model it
- 20%
- Mortgage rate usedFreddie Mac Primary Mortgage Market Survey (FRED MORTGAGE30US)
- 7.24%
- How home prices grewFHFA house price index for Texas, 1995 to 2025
- 4.7% yearly
- Rent growth CPI primary-residence rent, annual change from 2006 to 2026
- 3.5% yearly
- Return on savings1928 to 2025: 60% S&P 500 with dividends, 40% 10-year Treasuries, rebalanced yearly
- 8.3% each year
- Property tax: Census ACS 2020-2024, Flower Mound
- 1.48% of the value
- Home insurance: Census ACS 2020-2024, Flower Mound
- $231 /mo
- Maintenance Fannie Mae, lower limit of 1% to 4%
- Value multiplied by 1% each year
- Buying costs Freddie Mac, midpoint of 2% to 5%
- The price times 3.5%
- Selling costs: Agent commission plus closing costs
- 6% of the price
What would make the Flower Mound verdict flip?
Each line marks where the 7-year result for Flower Mound changes. Every other setting stays the same.
Renting comes out ahead when
- Slower than 6.8% a year for home prices; the 4.7% we use is the long-run rate for Texas's market.
- For a mortgage, the rate stays above 4.03%.
- For a home like this, rent costs less than $3,450 a month ($2,298 is typical here).
- You move at any time during the next 30 years. With these numbers, owning never catches up.
Buying comes out ahead when
- Home prices increase by more than 6.8% a year.
- You secure a mortgage rate under 4.03%. Today's rate is 7.24%.
- Renting this same home would cost more than $3,450 each month.
How Flower Mound compares with the other 812 cities
| Measure | Flower Mound | Median city |
|---|---|---|
| Typical home value | $599,753 | $422,451 |
| Typical rent | $2,298 /mo | $1,837 /mo |
| Price-to-rent ratio | 21.7 (#257 of 813) | 18.5 |
| Home prices, last 10 years | 5.4% a year | 6.2% a year |
| Rents, last 5 years | 2.3% a year | 4% a year |
| Property tax | 1.48% | 0.87% |
| Households that rent | 18% | 42% |
Data from Zillow ZHVI and ZORI, Census ACS 2020-2024.
More cities in Texas
- Toss-up. Houston, TX is nearly even, but renting leads by $2k.
- Rent. San Antonio, TX gives renting a $10k advantage.
- Rent. Dallas, TX has renting ahead by $20k.
- Rent. Fort Worth, TX has renting ahead by $17k.
- Rent. Austin, TX has renting ahead by $111k.
- Rent. Arlington, TX has renting ahead by $34k.