Rent vs buy in Upland, CA
In Upland, California, the typical rent is $2,392 /mo and the typical home price is $813,655.
Renting comes out ahead by $98k over 7 years
These figures assume Upland's typical rent and home value, a 20% down payment and today's mortgage rate. The break-even point falls in year 16.
Clearly labeled opinion with the math shown. These are estimates, not quotes. The stamp updates whenever a number changes.
- Amount by which renting is ahead
- $98k after 7 years
- Point of break-even
- year 16 when owning catches up
- Actual cost of ownership
- $6,778 /mo year 1, against $2,392 rent
Change my numbers
For Upland's market, the stamp uses typical rent and home value. Your own rent, price and years can flip the result.
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Enter your own rent, price and down payment. Those figures update the stamp.
In Upland, is it cheaper to rent or to buy?
If you include the money you get back when you sell, renting costs $98,400 less over 7 years. During the first 15 years, renting costs less. Owning catches up during year 16.
Rent. Own. Year-by-year net cost to date.
Comparing Upland's average rent with its mortgage payment
Rent and the mortgage payment don't cover the whole story. Here's every monthly cost for year 1 at Upland's typical price.
| Each month, year 1 | Amount | What it is |
|---|---|---|
| Rent | $2,392 | All of it, every month |
| Mortgage payment | $4,436 | $3,910 of it is interest in year 1 |
| Property tax | $420 | 0.62% of the value a year |
| Insurance | $108 | Census median for the city |
| Upkeep | $678 | 1% of the value a year |
| Owning, cash out | $5,642 | $526 of it builds equity |
| Lost return on the down payment | $1,323 | Annual earnings on the cash at 8.3% |
| Buying costs, spread out | $339 | 3.5% of the price over 7 years |
| True cost of owning | $6,778 | Subtract the equity part from cash out, then add both lines above |
Numbers behind Upland's verdict
- Typical home valueZillow ZHVI, September 2026
- $813,655
- Typical rentZillow ZORI, September 2026
- $2,392 /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, Upland
- 0.62% of value
- Home insuranceCensus ACS 2020-2024, Upland
- $108 /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 Upland's result?
Each line shows where Upland's 7-year result changes while all other figures remain unchanged.
Renting comes out ahead when
- Annual home price growth stays below 6.7%, and we use California's long-run rate of 5.3%.
- The mortgage rate remains above 5.08%.
- For a home like this, monthly rent is under $3,450 (typical here: $2,392).
- Your move happens before year 16.
Buying comes out ahead when
- Home prices rise by more than 6.7% each year.
- You lock in a mortgage rate below 5.08% (currently, it's 7.24%).
- You would pay more than $3,450 a month to rent the same home.
- Your stay lasts at least 16 years.
How Upland compares with 812 other cities
| Measure | Upland | Median city |
|---|---|---|
| Typical home value | $813,655 | $422,451 |
| Typical rent | $2,392 /mo | $1,837 /mo |
| Price-to-rent ratio | 28.3 (#87 of 813) | 18.5 |
| Home prices, last 10 years | 5.6% a year | 6.2% a year |
| Rents, last 5 years | 3.2% a year | 4% a year |
| Property tax | 0.62% | 0.87% |
| Households that rent | 43% | 42% |
Sources: Zillow ZHVI and ZORI, Census ACS 2020-2024.
More cities in California
- Renting wins by $111k in Los Angeles, CA.
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- Renting wins by $210k in San Jose, CA.
- Renting wins by $128k in San Francisco, CA.
- Buying wins by $22k in Fresno, CA.
- A toss-up: renting leads by $3k in Sacramento, CA.
- Renting wins by $111k in Long Beach, CA.
- Renting wins by $44k in Oakland, CA.
- Buying wins by $11k in Bakersfield, CA.
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- Renting wins by $27k in Riverside, CA.