Wenatchee, WA

Rent vs buy in Wenatchee

Median home $434,900. A 1 bedrooms rents for $1,418 a month. Ownership is modelled at 20% down, 6.5% APR, property tax and upkeep.

Rent · 1 bedrooms: $1,418; per month
Own the median home: $2,866; P&I, tax, insurance, upkeep
Owning costs extra: $1,448; per month, same metro

What a purchase actually costs

20% down payment$86,980
Mortgage at 6.5%$2,199
Property tax (0.74% of value)$268/mo · $3,218/yr
Insurance and upkeep (1.1%/yr)$399
Total monthly ownership$2,866

Months of leftover to save the down payment

At $2,099 left over a month, it takes about 42 months (3.5 years) to save $86,980 if every leftover dollar goes to the down payment — which it won't.

Rent is asking rent for a new lease. Home value is the Census ACS median. The mortgage is a 30-year fixed at 6.5% with 20% down — a yardstick, not a quote. Not housing or lending advice.