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500-666 Burrard Street, Vancouver, BC V6C 3P6
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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/Maple Ridge/$1,500/mo

Rent vs mortgage

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

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 $213,000. Here are the 24 Maple Ridge homes on the market at or under it right now.

Purchase price

$316,000

Down payment

$63,000

All-in monthly

$1,992/mo

Matching homes

24

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

24 Maple Ridge 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$492/mo
All-in monthly$1,992/mo

Maple Ridge homes your $1,500 rent could own

#226 – 12170 222 Street
Under your rent
23

$299,000

~$1,417/mo

i

#226 – 12170 222 Street

Maple Ridge · Residential

2 bd

1 ba

958 sqft

$312/sqft

Built 1976

MLS® R3153286

View

Royal Pacific Lions Gate Realty Ltd.

#311 – 12170 222 Street
Under your rent
19

$289,000

~$1,370/mo

i

#311 – 12170 222 Street

Maple Ridge · Residential

2 bd

1 ba

865 sqft

$334/sqft

Built 1976

MLS® R3152676

View

Royal Pacific Lions Gate Realty Ltd.

#314 – 12170 222nd Street
Under your rent
34

$299,900

~$1,421/mo

i

#314 – 12170 222nd Street

Maple Ridge · Residential

2 bd

1 ba

943 sqft

$318/sqft

Built 1976

MLS® R3137073

View

RE/MAX Performance Realty

#307 – 12170 222 Street
Under your rent
11

$194,500

~$922/mo

i

#307 – 12170 222 Street

Maple Ridge · Residential

1 bd

1 ba

767 sqft

$254/sqft

Built 1976

MLS® R3121275

View

Heller Murch Realty

#18 – 12868 229 Street
Under your rent
28

$295,000

~$1,398/mo

i

#18 – 12868 229 Street

Maple Ridge · Residential

2 bd

1 ba

716 sqft

$412/sqft

Built 1969

MLS® R3153434

View

Heller Murch Realty

#14 – 21163 Lougheed Highway
Newly Listed
Under your rent
32

$79,900

~$379/mo

i

#14 – 21163 Lougheed Highway

Maple Ridge · Residential

2 bd

1 ba

772 sqft

$103/sqft

Built 1976

MLS® R3157558

View

RE/MAX LIFESTYLES REALTY

23252 CALVIN Crescent
Under your rent
29

$269,000

~$1,275/mo

i

23252 CALVIN Crescent

Maple Ridge · Residential

2 bd

1 ba

938 sqft

$287/sqft

Built 1960

MLS® R3060974

View

Royal LePage Elite West

#34 – 12868 229th Street
Newly Listed
Under your rent
31

$130,000

~$616/mo

i

#34 – 12868 229th Street

Maple Ridge · Residential

2 bd

2 ba

940 sqft

$138/sqft

Built 1989

MLS® R3157317

View

RE/MAX All Points Realty

#319 – 12170 222 Street
Newly Listed
Under your rent
37

$279,000

~$1,322/mo

i

#319 – 12170 222 Street

Maple Ridge · Residential

2 bd

1 ba

873 sqft

$320/sqft

Built 1976

MLS® R3156533

View

RE/MAX LIFESTYLES REALTY

#301 – 12170 222nd Street
Under your rent
15

$214,900

~$1,019/mo

i

#301 – 12170 222nd Street

Maple Ridge · Residential

1 bd

1 ba

759 sqft

$283/sqft

Built 1976

MLS® R3149903

View

Royal LePage - Wolstencroft

#72 – 21163 Lougheed Highway
Under your rent
39

$99,700

~$473/mo

i

#72 – 21163 Lougheed Highway

Maple Ridge · Residential

1 bd

1 ba

830 sqft

$120/sqft

Built 1969

MLS® R3150009

View

Coldwell Banker Executives Realty

#29 – 12868 229 Street
Under your rent
14

$112,000

~$531/mo

i

#29 – 12868 229 Street

Maple Ridge · Residential

2 bd

1 ba

768 sqft

$146/sqft

Built 1969

MLS® R3141911

View

Royal LePage - Wolstencroft

See all on the map (24 active listings)

Other rents in Maple Ridge

$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 4.19 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 Maple Ridge?

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 $213,000.

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 $492/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $1,992.

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 Maple Ridge$2,000/mo in Maple Ridge$2,200/mo in Maple Ridge$2,500/mo in Maple Ridge$3,000/mo in Maple Ridge$3,500/mo in Maple Ridge$4,000/mo in Maple RidgeAll rent bands in Maple RidgeMaple Ridge 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.