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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/Langley/$2,000/mo

Rent vs mortgage

$2,000 a month in rent buys a $422,000 home in Langley

That is what a 2000-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 $313,000. Here are the 139 Langley homes on the market at or under it right now.

Purchase price

$422,000

Down payment

$84,000

All-in monthly

$2,516/mo

Matching homes

139

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $2,000/mo owns a home worth about

$422,000

139 Langley homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $315,000.

Rate %
Down %
Amort. yrs
Email *
How $2,000/mo of rent becomes a purchase price
Rent you pay$2,000/mo
Interest rate5.19%
Amortization25 years
Down payment (20%)$84,000
Mortgage supported$338,000
Purchase price$422,000
Tax, strata & insurance$516/mo
All-in monthly$2,516/mo

Langley homes your $2,000 rent could own

#9 – 27111 0 Avenue
Under your rent
25

$289,000

~$1,370/mo

i

#9 – 27111 0 Avenue

Langley · Residential

2 bd

1 ba

784 sqft

$369/sqft

Built 1977

MLS® R3126290

View

Century 21 Creekside Realty

#609 – 7936 206 Street
Newly Listed
Under your rent
12

$409,900

~$1,943/mo

i

#609 – 7936 206 Street

Langley · Residential

1 bd

1 ba

551 sqft

$744/sqft

Built 2025

MLS® R3157389

View

Momentum Realty Inc.

E305 – 20211 66 Avenue
Under your rent
40

$395,000

~$1,872/mo

i

E305 – 20211 66 Avenue

Langley · Residential

1 bd

1 ba

574 sqft

$688/sqft

Built 2018

MLS® R3133996

View

Century 21 Coastal Realty Ltd.

#302 – 20460 Douglas Crescent
Newly Listed
Under your rent
17

$360,000

~$1,706/mo

i

#302 – 20460 Douglas Crescent

Langley · Residential

1 bd

1 ba

602 sqft

$598/sqft

Built 2011

MLS® R3157094

View

eXp Realty of Canada Inc.

#303 – 20239 Michaud Crescent
Newly Listed
Under your rent
31

$418,800

~$1,985/mo

i

#303 – 20239 Michaud Crescent

Langley · Residential

2 bd

2 ba

1,042 sqft

$402/sqft

Built 1997

MLS® R3155436

View

Century 21 Coastal Realty Ltd.

#107 – 5454 198 Street
Under your rent
24

$399,900

~$1,895/mo

i

#107 – 5454 198 Street

Langley · Residential

1 bd

1 ba

593 sqft

$674/sqft

Built 2007

MLS® R3116721

View

Royal LePage - Wolstencroft

#214 – 8880 202 Street
Under your rent
40

$399,000

~$1,891/mo

i

#214 – 8880 202 Street

Langley · Residential

1 bd

1 ba

733 sqft

$544/sqft

Built 2005

MLS® R3140455

View

Royal LePage - Wolstencroft

#25 – 2315 198 Street
Under your rent
36

$350,000

~$1,659/mo

i

#25 – 2315 198 Street

Langley · Residential

2 bd

1 ba

1,137 sqft

$308/sqft

Built 1984

MLS® R3135823

View

Royal Lepage Wheeler Cheam

#6 – 27111 0 Avenue
Under your rent
39

$415,000

~$1,967/mo

i

#6 – 27111 0 Avenue

Langley · Residential

3 bd

2 ba

1,440 sqft

$288/sqft

Built 1980

MLS® R3122577

View

RE/MAX Treeland Realty

A108 – 20117 84 Avenue
Under your rent

$414,900

~$1,967/mo

i

A108 – 20117 84 Avenue

Langley · Residential

1 bd

1 ba

440 sqft

$943/sqft

Built 2026

MLS® R3137986

View

Century 21 Coastal Realty Ltd.

#414 – 20460 Douglas Crescent
Under your rent
16

$385,000

~$1,825/mo

i

#414 – 20460 Douglas Crescent

Langley · Residential

1 bd

1 ba

696 sqft

$553/sqft

Built 2010

MLS® R3151116

View

RE/MAX Treeland Realty

#71 – 20071 24 Avenue
New
Under your rent
26

$269,600

~$1,278/mo

i

#71 – 20071 24 Avenue

Langley · Residential

2 bd

2 ba

1,230 sqft

$219/sqft

Built 1976

MLS® R3157912

View

RE/MAX Treeland Realty

See all on the map (139 active listings)

Other rents in Langley

$1,500/mo · $1,800/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 3.81 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 $2,000 a month in rent buy in Langley?

At a 5.19% rate with 20% down over 25 years, $2,000/mo carries the mortgage on a home priced around $422,000. Covering tax, strata and insurance inside the same budget, the matching price is about $313,000.

How much do I need for a down payment?

On a $422,000 home at 20% down, the down payment is $84,000. 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 $516/mo in tax, strata and insurance, so the honest all-in monthly on a $422,000 home is closer to $2,516.

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.
$1,500/mo in Langley$1,800/mo in Langley$2,200/mo in Langley$2,500/mo in Langley$3,000/mo in Langley$3,500/mo in Langley$4,000/mo in LangleyAll rent bands in LangleyLangley 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.