Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Riverside, CA

Housing in Riverside, CA: Rent, Home Prices & Property Tax

$1,940/mo (1 bd) in Riverside. Median home $493,600. Property tax 0.79%.

Compare vs Chicago Rank metros from RiversideHow we figure this

Rent (1 bd): $1,940; /mo
Buy: $3,273; Mortgage, tax, insurance
Buying costs more: $1,333; /mo

State tax and rent

To buy

20% down payment$98,720
Mortgage at 6.5%$2,496
Property tax (0.79% of value)$325/mo · $3,899/yr
Insurance and upkeep$452
Monthly total$3,273

55.3% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$1,395 left each month. About 71 months (5.9 years) to save $98,720.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

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