FOR PARENTS

Rent for four years — or own something when college ends?

Run the numbers with our interactive calculator and see what makes sense for your family.

Search for a college or university… · ,
College campus near the selected school

Compare Your Options

Your InputsYour Results
Years remaining in college
Number of roommates (excluding your student)
Estimated 4-Year Cost
Renting$86,400Total housing cost
  • Predictable costs
  • No maintenance
  • Flexible
  • Easier to move
Buying$178,736Estimated net cost
  • Potential equity
  • Roommate income
  • Tax advantages est.
  • Long-term investment
Estimated Difference$92,336Potential savings with renting

Still unknown: HOA / association cost. They are not represented as confirmed $0 costs.

This is an estimate. Actual results may vary.

What Could Change This Answer?

HOA rules and restrictionsProperty taxes and insuranceMaintenance and repairsRoommate vacancy riskMarket appreciation$Selling costs after graduation
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Should We Rent or Buy? | Parents | CollegeHousing.ai