UT Austin · Rent vs. ownership scale
How does current median-home principal and interest compare with the current 1-bedroom rent benchmark near University of Texas at Austin?
As of · Published planning benchmarks
Direct answer
Median-home P&I at the stored 20%-down assumptions is $2,904/month versus a 1-bedroom asking-rent benchmark of $1,421/month, a difference of $1,483/month. This is not a full rent-vs-buy conclusion because ownership taxes, insurance, HOA, maintenance, transaction costs and equity are not included.
$2,904 P&I − $1,421 rent = $1,483/mo
College-housing financing specialist
Matt Dean
NEXA LendingNMLS #227603Confirm state-specific lending availability and program eligibility.
Sources & assumptions
- UT Austin current home-sale market ↗
- UT Austin current rent benchmark ↗
- Freddie Mac — mortgage-rate benchmark ↗
Use the source period and assumptions shown above when comparing these figures with a specific property.