Rent vs buy in Grapevine, TX
In Grapevine, Texas, the typical rent is $1,746 /mo and the typical home is $548,940.
Over 7 years, renting comes out $133k ahead
Using Grapevine's typical rent and home value, plus 20% down and today's mortgage rate. No break-even occurs within 30 years.
Clearly labeled opinion with the math shown. These are estimates, not quotes. Adjust any number, and the stamp updates.
- Renting is ahead by
- $133k after 7 years
- Break-even point
- 30+ years owning never catches up sooner
- Actual cost of owning
- $5,119 /mo year 1, against $1,746 rent
Change my numbers
Grapevine's typical rent and home value are what the stamp uses. Your rent, price and number of years can change the result.
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Is renting or buying cheaper in Grapevine?
Over 7 years, renting costs $132,611 less after counting the money you get back when you sell. In every year shown, renting's net cost remains lower than owning's, and owning never catches up within 30 years.
The renting option. The owning option. Net cost so far, year by year.
In Grapevine, average rent compared with mortgage payment
The mortgage and rent aren't the whole story. All monthly costs in year 1 are listed at Grapevine's typical price.
| Each month, year 1 | Amount | What it is |
|---|---|---|
| Rent | $1,746 | All of it, every month |
| Mortgage payment | $2,993 | $2,638 of it is interest in year 1 |
| Property tax | $672 | 1.47% of the value a year |
| Insurance | $230 | Census median for the city |
| Upkeep | $457 | 1% of the value a year |
| Owning, cash out | $4,353 | $355 of it builds equity |
| Lost return on the down payment | $892 | What the cash would earn each year at 8.3% |
| Buying costs, spread out | $229 | 3.5% of the price over 7 years |
| True cost of owning | $5,119 | Take the equity portion out of cash out, then add the two amounts listed above. |
The figures behind Grapevine's verdict
- Zillow ZHVI, September 2026 for typical home value
- $548,940
- Typical rent from Zillow ZORI, September 2026
- $1,746 each month
- With 20% down, you avoid private mortgage insurance; the engine doesn't model it.
- 20%
- Mortgage rate: Freddie Mac Primary Mortgage Market Survey (FRED MORTGAGE30US)
- 7.24%
- FHFA house price index, Texas, 1995 to 2025 for home price growth
- 4.7% yearly
- Rent increase rateCPI primary residence rent, yearly growth from 2006 to 2026
- 3.5% yearly
- Savings return60% of S&P 500 with dividends and 40% of 10-year Treasuries, rebalanced each year, 1928 to 2025
- 8.3% yearly
- Property tax: Census ACS 2020-2024, Grapevine
- 1.47% of the value
- Home insurance: Census ACS 2020-2024, Grapevine
- $230 each month
- Fannie Mae, low end of 1% to 4% for maintenance
- Each year, 1% of value
- Cost of buyingFreddie Mac range, middle between 2% and 5%
- The price times 3.5%
- Selling costs: Agent commission plus closing costs
- 6% of the price
In Grapevine, what would flip the result?
Each line shows where the 7-year verdict for Grapevine changes. Everything else stays as it is.
When renting comes out ahead
- With home-price growth below 7.5% a year, the calculation uses 4.7%, Texas's long-run rate.
- The mortgage rate stays higher than 2.87%.
- A similar home costs less than $3,170 in monthly rent, compared with the typical $1,746 here.
- If you move at any time during the next 30 years, owning won't catch up at these figures.
When buying comes out ahead
- Home prices rise by more than 7.5% a year.
- You secure a mortgage rate under 2.87%, compared with today's rate of 7.24%.
- Monthly rent for the same home would exceed $3,170.
Grapevine compared with the other 812 cities
| Measure | Grapevine | Median city |
|---|---|---|
| Typical home value | $548,940 | $422,451 |
| Typical rent | $1,746 /mo | $1,837 /mo |
| Price-to-rent ratio | 26.2 (#116 of 813) | 18.5 |
| Home prices, last 10 years | 5.9% a year | 6.2% a year |
| Rents, last 5 years | 2.2% a year | 4% a year |
| Property tax | 1.47% | 0.87% |
| Households that rent | 47% | 42% |
Sources: Zillow ZHVI, ZORI, Census ACS 2020-2024.
More Texas cities
- Toss-up. Houston, TX. Renting is ahead by $2k, a toss-up.
- Rent. San Antonio, TX. Here, renting is $10k ahead.
- Rent. Dallas, TX. Here, renting is $20k ahead.
- 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 leads by $2k, a toss-up.
- Rent. Arlington, TX. Renting wins by $34k here.
- Buy. Corpus Christi, TX. Buying comes out ahead by $4k.
- Rent. Plano, TX. Renting comes out ahead by $105k.
- Toss-up. Lubbock, TX. Buying is ahead by $2k, a toss-up.
- Rent. Laredo, TX. Renting wins by $20k here.
- Rent. Irving, TX. Renting is ahead by $36k.