Uprootmap

Yuba City, CA

Rent vs buy in Yuba City

Median home $390,800. A 1 bedrooms rents for $1,157 a month. Ownership is modelled at 20% down, 6.5% APR, property tax and upkeep.

Rent · 1 bedrooms
$1,157
per month
Own the median home
$2,585
P&I, tax, insurance, upkeep
Owning costs extra
$1,428
per month, same metro

What a purchase actually costs

  • 20% down payment$78,160
  • Mortgage at 6.5%$1,976
  • Property tax (0.77% of value)$251/mo · $3,009/yr
  • Insurance and upkeep (1.1%/yr)$358
  • Total monthly ownership$2,585

Months of leftover to save the down payment

At $1,974 left over a month, it takes about 40 months (3.3 years) to save $78,160 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.