10-Year Rent vs Buy in Las Vegas, NV
If you plan to stay in Las Vegas for 10 years, here's how renting and buying compare.
⚖️ It's Close Either Way
Potential savings by buying: $8,100
Total Rent Paid
$226,985
Total Owner Costs
$461,133
Equity After Selling
$242,249
Customize Your Analysis
The above results use default assumptions. Adjust the inputs below to match your specific situation.
Rent vs Buy in Las Vegas, Nevada
Should you rent or buy a home? Calculate your best option.
Your Scenario
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10 years
1 years30 years
Explore Scenarios
Adjust these sliders to see how different assumptions affect your decision.
Mortgage Rate7.00%
5%7%9%
Home Appreciation3.0%
0%3%5%
Rent Growth3.0%
0%3%6%
Time Horizon10 years
35710
💡 Tips
- • Higher mortgage rates favor renting
- • Higher home appreciation favors buying
- • Higher rent growth favors buying
- • Longer time horizons typically favor buying
⚖️It's a Toss-Up
You could save $8,100 by buying
Over 10 years
Monthly Cost (Rent)
$1,892
Average
Monthly Cost (Own)
$3,038
Average (excl. equity)
Total Rent Paid
$226,985
Total Owner Costs
$461,133
Final Equity
$242,249
After selling costs
Break-Even Year
Year 10
Within horizon
Upfront Costs to Buy
Down Payment (20%)$84,000
Closing Costs (3%)$12,600
Total Needed$96,600
Cost Comparison Over Time
Total Rent Paid
Total Owner Costs
Net Cost (After Equity)
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