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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

®MLSReciprocity
Home/Rent vs mortgage/Chilliwack/$1,500/mo

Rent vs mortgage

$1,500 a month in rent buys a $316,000 home in Chilliwack

That is what a 1500-a-month rent carries as a mortgage at 5.19%, with 20% down over a 25-year amortization. Covering property tax, strata and insurance inside the same monthly budget, the matching price is about $211,000. Here are the 101 Chilliwack homes on the market at or under it right now.

Purchase price

$316,000

Down payment

$63,000

All-in monthly

$2,001/mo

Matching homes

101

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $1,500/mo owns a home worth about

$316,000

101 Chilliwack homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $216,000.

Rate %
Down %
Amort. yrs
Email *
How $1,500/mo of rent becomes a purchase price
Rent you pay$1,500/mo
Interest rate5.19%
Amortization25 years
Down payment (20%)$63,000
Mortgage supported$253,000
Purchase price$316,000
Tax, strata & insurance$501/mo
All-in monthly$2,001/mo

Chilliwack homes your $1,500 rent could own

#203 – 45660 Knight Road
New
Under your rent
25

$299,900

~$1,421/mo

i

#203 – 45660 Knight Road

Chilliwack · Residential

2 bd

1 ba

987 sqft

$304/sqft

Built 1989

MLS® R3158370

View

RE/MAX Nyda Realty Inc.

#218 – 9422 Victor Street
Under your rent
31

$259,999

~$1,232/mo

i

#218 – 9422 Victor Street

Chilliwack · Residential

2 bd

1 ba

654 sqft

$398/sqft

Built 2008

MLS® R3135200

View

Century 21 Creekside Realty

#24 – 7455 Huron Street
New
Under your rent
39

$295,900

~$1,402/mo

i

#24 – 7455 Huron Street

Chilliwack · Residential

2 bd

1 ba

907 sqft

$326/sqft

Built 1986

MLS® R3158155

View

Royal Lepage Wheeler Cheam

#109 – 7435 Shaw Avenue
Newly Listed
Under your rent
Open House on Sat, 12pm–2pm
26

$274,900

~$1,303/mo

i

#109 – 7435 Shaw Avenue

Chilliwack · Residential

2 bd

1 ba

811 sqft

$339/sqft

Built 1991

MLS® R3157972

View

Advantage Property Management

#14 – 9055 Ashwell Road
Under your rent
29

$299,000

~$1,417/mo

i

#14 – 9055 Ashwell Road

Chilliwack · Residential

2 bd

2 ba

1,532 sqft

$195/sqft

Built 1986

MLS® R3153857

View

Century 21 Creekside Realty

#26 – 6035 Vedder Road
Under your rent
25

$249,999

~$1,185/mo

i

#26 – 6035 Vedder Road

Chilliwack · Residential

2 bd

1 ba

928 sqft

$269/sqft

Built 2022

MLS® R3094131

View

Royal Lepage Wheeler Cheam

#310 – 8985 Mary Street
Newly Listed
Under your rent
33

$299,900

~$1,421/mo

i

#310 – 8985 Mary Street

Chilliwack · Residential

2 bd

2 ba

1,141 sqft

$263/sqft

Built 1990

MLS® R3155310

View

RE/MAX Truepeak Realty

#10 – 45640 Watson Road
Under your rent
35

$299,900

~$1,421/mo

i

#10 – 45640 Watson Road

Chilliwack · Residential

3 bd

2 ba

1,234 sqft

$243/sqft

Built 1972

MLS® R3144011

View

RE/MAX Nyda Realty Inc.

#122 – 45598 Mcintosh Drive
Under your rent
32

$269,900

~$1,279/mo

i

#122 – 45598 Mcintosh Drive

Chilliwack · Residential

2 bd

1 ba

919 sqft

$294/sqft

Built 1981

MLS® R3140035

View

RE/MAX Nyda Realty Inc. (Vedder North)

#5 – 9280 Corbould Street
Under your rent
31

$289,900

~$1,374/mo

i

#5 – 9280 Corbould Street

Chilliwack · Residential

2 bd

1 ba

764 sqft

$379/sqft

Built 1980

MLS® R3145589

View

RE/MAX Nyda Realty Inc. (Vedder North)

#23 – 46210 Margaret Avenue
Under your rent
30

$279,900

~$1,327/mo

i

#23 – 46210 Margaret Avenue

Chilliwack · Residential

2 bd

1 ba

807 sqft

$347/sqft

Built 1985

MLS® R3152610

View

RE/MAX Nyda Realty Inc.

#109 – 9175 Mary Street
Under your rent
34

$158,740

~$752/mo

i

#109 – 9175 Mary Street

Chilliwack · Residential

1 bd

1 ba

704 sqft

$225/sqft

Built 1976

MLS® R3152818

View

Century 21 Creekside Realty

See all on the map (101 active listings)

Other rents in Chilliwack

$1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/mo

The assumptions behind these numbers

Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 4.50 per $1,000; strata ($320/mo) and insurance ($62/mo) are estimates, since neither is knowable from rent alone. Change any of these in the calculator and the numbers update in place. This is an estimate for comparison, not a mortgage approval or financial advice. Your rate, down payment and the home's real carrying costs will differ. Confirm with a mortgage professional before you rely on it.

Common questions

What can $1,500 a month in rent buy in Chilliwack?

At a 5.19% rate with 20% down over 25 years, $1,500/mo carries the mortgage on a home priced around $316,000. Covering tax, strata and insurance inside the same budget, the matching price is about $211,000.

How much do I need for a down payment?

On a $316,000 home at 20% down, the down payment is $63,000. A smaller down payment raises the monthly cost and may add mortgage insurance.

Is the mortgage really the same as my rent?

The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $501/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $2,001.

RR

How these numbers are worked out

I am Ray Rasouli, a licensed REALTOR® with Real Broker B.C. Ltd. The purchase price is your rent solved back through a standard amortized mortgage, and the listings come from live MLS® inventory refreshed hourly, not a static table. The figures are for comparison, not a mortgage approval. Tell me your situation and I will confirm what you actually qualify for.

Page methodology and sources are stated beside the figures. Content is reviewed by Ray Rasouli, REALTOR®, Real Broker B.C. Ltd.
$1,800/mo in Chilliwack$2,000/mo in Chilliwack$2,200/mo in Chilliwack$2,500/mo in Chilliwack$3,000/mo in Chilliwack$3,500/mo in Chilliwack$4,000/mo in ChilliwackAll rent bands in ChilliwackChilliwack market reportMortgage calculator

Listing data provided by the Real Estate Board of Greater Vancouver and partner boards under MLS® Reciprocity. Deemed reliable but not guaranteed accurate. Mortgage figures are estimates for comparison only, not financial advice. MLS® and REALTOR® are trademarks of CREA.