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Relta Real Estate, by Ray Rasouli

Ray Rasouli is a licensed REALTOR® with the Greater Vancouver board, providing clarity-first guidance for buyers and sellers. No pressure, no hype.

Built for rational decisions, transparent process, and practical next steps.

Ray Rasouli, REALTOR® · Real Broker B.C. Ltd.
500-666 Burrard Street, Vancouver, BC V6C 3P6
+1 (778) 910-6917 · ray@relta.ca
Relta Real Estate is a brand and software platform, not a brokerage. Real estate services are provided by Ray Rasouli, licensed with Real Broker B.C. Ltd.

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Home/Rent vs mortgage/Mission

Rent vs mortgage

What could you buy in Mission instead of renting?

In Mission, a $2,500 rent carries the mortgage on a home priced around $527,000. That is $372,000 under Mission's $899,000 median home price, and 120 homes sit at or under it today. Enter your own rent to see what it changes to, from live MLS® inventory.

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $2,500/mo owns a home worth about

$527,000

120 Mission homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $414,000.

Rate %
Down %
Amort. yrs
Email *

What each rent buys in Mission

Your rent
$1,500/mo
Buys a home priced
$316,000
Homes on the market
33
Your rent
$1,800/mo
Buys a home priced
$380,000
Homes on the market
55
Your rent
$2,000/mo
Buys a home priced
$422,000
Homes on the market
76
Your rent
$2,200/mo
Buys a home priced
$464,000
Homes on the market
96
Your rent
$2,500/mo
Buys a home priced
$527,000
Homes on the market
120
Your rent
$3,000/mo
Buys a home priced
$633,000
Homes on the market
149
Your rent
$3,500/mo
Buys a home priced
$738,000
Homes on the market
221
Your rent
$4,000/mo
Buys a home priced
$844,000
Homes on the market
264
Your rentBuys a home pricedHomes on the market
$1,500/mo$316,00033
$1,800/mo$380,00055
$2,000/mo$422,00076
$2,200/mo$464,00096
$2,500/mo$527,000120
$3,000/mo$633,000149
$3,500/mo$738,000221
$4,000/mo$844,000264

Mission homes around a $2,500 rent

12050 Hodgkin Road
Under your rent
24

$524,900

~$2,488/mo

i

12050 Hodgkin Road

Mission · Land

MLS® R3132848

View

Century 21 Creekside Realty

#305 – 33150 4th Avenue
Newly Listed
Under your rent
16

$515,000

~$2,441/mo

i

#305 – 33150 4th Avenue

Mission · Residential

3 bd

2 ba

1,092 sqft

$472/sqft

Built 1996

MLS® R3157624

View

Royal LePage Little Oak Realty

#507 – 7375 HORNE Street
Under your rent
23

$344,800

~$1,634/mo

i

#507 – 7375 HORNE Street

Mission · Residential

1 bd

1 ba

461 sqft

$748/sqft

Built 2026

MLS® R3130795

View

Team 3000 Realty Ltd.

#601 – 7375 HORNE Street
Under your rent
26

$524,900

~$2,488/mo

i

#601 – 7375 HORNE Street

Mission · Residential

2 bd

2 ba

786 sqft

$668/sqft

Built 2026

MLS® R3118602

View

Team 3000 Realty Ltd.

7893 Eagle Crescent
Newly Listed
Under your rent
2

$499,000

~$2,365/mo

i

7893 Eagle Crescent

Mission · Residential

2 bd

1 ba

1,040 sqft

$480/sqft

Built 1976

MLS® R3156303

View

Royal LePage Little Oak Realty

#74 – 14600 Morris Valley Road
Under your rent
28

$285,000

~$1,351/mo

i

#74 – 14600 Morris Valley Road

Mission · Land

MLS® R3115982

View

eXp Realty

#107 – 32690 14 Avenue
Under your rent
17

$365,000

~$1,730/mo

i

#107 – 32690 14 Avenue

Mission · Residential

1 bd

1 ba

515 sqft

$709/sqft

Built 2023

MLS® R3151701

View

Century 21 Coastal Realty Ltd.

#316 – 33150 4TH Avenue
Under your rent
31

$499,999

~$2,370/mo

i

#316 – 33150 4TH Avenue

Mission · Residential

2 bd

2 ba

1,000 sqft

$500/sqft

Built 1996

MLS® R3148088

View

Real Broker

#33 – 7525 Martin Place
Under your rent
38

$419,900

~$1,990/mo

i

#33 – 7525 Martin Place

Mission · Residential

2 bd

1 ba

1,068 sqft

$393/sqft

Built 1988

MLS® R3152087

View

RE/MAX LIFESTYLES REALTY

#305 – 33599 2 Avenue
Under your rent
36

$444,800

~$2,108/mo

i

#305 – 33599 2 Avenue

Mission · Residential

2 bd

2 ba

945 sqft

$471/sqft

Built 1997

MLS® R3114804

View

Royal LePage - Wolstencroft

#48 – 14600 Morris Valley Road
Under your rent
26

$230,000

~$1,090/mo

i

#48 – 14600 Morris Valley Road

Mission · Residential

1 bd

1 ba

708 sqft

$325/sqft

Built 1994

MLS® R3152692

View

Century 21 Creekside Realty (Agassiz)

#103 – 31900 Raven Avenue
Under your rent
32

$499,000

~$2,365/mo

i

#103 – 31900 Raven Avenue

Mission · Residential

2 bd

2 ba

798 sqft

$625/sqft

Built 2024

MLS® R3143950

View

Royal LePage - Wolstencroft

See all $2,500/mo matches (120 active listings)

Renting vs buying in Mission: what actually changes

At $2,500/mo your payment would carry a $527,000 Mission home against a $899,000 local median. Whether that beats renting comes down to four things, not just the monthly number.

Closing costs

Buying carries one-time costs renting does not: property transfer tax, legal fees and inspection. Budget for them before you compare monthly numbers.

Carrying costs

A mortgage payment is not the whole cost. Property tax, strata and insurance sit on top, which is why the all-in number matters more than the headline.

Equity

Each mortgage payment buys a little more of the home. Rent buys none of it, and that gap compounds over the years you would have rented.

Flexibility

Renting is easier to leave. Owning ties up your down payment and takes time and cost to unwind, so the break-even math only works if you stay put.

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.

More ways to explore Mission

Browse Mission listings, market data, and timing from one place.

Mission homes for sale

Narrow Mission homes by feature

Mission market report

New listings in Mission

Mission price drops

Nearby cities

Compare Mission with other markets in the region.

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Page methodology and sources are stated beside the figures. Content is reviewed by Ray Rasouli, REALTOR®, Real Broker B.C. Ltd.
Mortgage calculatorWhat can I afford?

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.