Stop Renting in Vancouver: See What You Could Own for the Same Payment

Rents across Vancouver, Camas, and Southwest Washington continue to climb, leaving many renters asking the same question: Am I throwing money away each month? The truth is, in today’s market, the monthly cost of rent often matches, sometimes even exceeds, the cost of owning a home.

Renting vs. Owning: Where Does Your Money Go?

When you rent, your monthly payment covers your landlord’s mortgage, their property taxes, and their equity. At the end of your lease, you have nothing to show for the thousands of dollars you’ve paid.

When you own, a portion of every payment builds equity in your own home. Instead of growing someone else’s wealth, you’re building your own net worth month by month.

What Your Rent Payment Could Buy Right Now

Using current mortgage rates and a 5% conventional loan as a baseline:

• $1,800–$2,200 rent ≈ a $292K–$357K starter home or condo

• $2,400–$3,200 rent ≈ a $390K–$519K family home in Vancouver or Camas

• $3,500–$5,000 rent ≈ a $568K–$811K luxury home or waterfront condo

These numbers prove that whether you’re in a starter apartment or renting a luxury property, there are ownership options available that match what you’re already paying.

The Hidden Costs of Waiting

Every year you continue renting, you miss out on equity growth and potential appreciation. In Clark County, home values have historically appreciated faster than inflation. While markets rise and fall, long-term homeowners benefit from compounding value growth, renters don’t.

Flexibility vs. Stability

Yes, renting provides flexibility, but if you plan to stay in the area for at least three to five years, buying gives you financial stability, predictable payments, and the pride of ownership.

Ready to Explore Your Options?

If you’re paying rent in Vancouver, you might already be able to own a home for the same monthly cost. The first step is simple: compare your rent to available homes in today’s market.