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
Team 3000 Realty Ltd.
Rent vs mortgage
$2,000 a month in rent buys a $422,000 home in Mission
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 $312,000. Here are the 79 Mission homes on the market at or under it right now.
Purchase price
$422,000
Down payment
$84,000
All-in monthly
$2,523/mo
Matching homes
79
Mission homes your $2,000 rent could own
Under your rent
28
$285,000
~$1,351/mo
i#74 – 14600 Morris Valley Road
Mission · Land
MLS® R3115982
eXp Realty
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
Century 21 Coastal Realty Ltd.
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
RE/MAX LIFESTYLES REALTY
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
Century 21 Creekside Realty (Agassiz)
Under your rent
36
$180,000
~$853/mo
i#133 – 14600 Morris Valley Road
Mission · Land
MLS® R3097664
eXp Realty of Canada, Inc.
Under your rent
27
$368,000
~$1,744/mo
i#205 – 33165 2ND Avenue
Mission · Residential
2 bd
1 ba
1,017 sqft
$362/sqft
Built 1992
MLS® R3130316
Engel & Volkers Vancouver
Under your rent
25
$399,900
~$1,895/mo
i#8 – 32705 FRASER Crescent
Mission · Residential
4 bd
2 ba
1,639 sqft
$244/sqft
Built 1982
MLS® R3144503
eXp Realty
Newly Listed
Under your rent
29
$374,000
~$1,773/mo
i#302 – 7554 Briskham Street
Mission · Residential
2 bd
2 ba
1,001 sqft
$374/sqft
Built 1993
MLS® R3154638
Century 21 Creekside Realty Ltd.
Under your rent
11
$169,800
~$805/mo
i#191 – 8400 Shook Road
Mission · Land
MLS® R3104379
RE/MAX Crest Realty
Under your rent
30
$399,900
~$1,895/mo
i#203 – 33669 2 Avenue
Mission · Residential
2 bd
2 ba
993 sqft
$403/sqft
Built 1992
MLS® R3151047
RE/MAX Magnolia
Under your rent
31
$289,000
~$1,370/mo
i#7 – 8953 Shook Road
Mission · Residential
2 bd
1 ba
607 sqft
$476/sqft
Built 2023
MLS® R3151605
eXp Realty
See all on the map (79 active listings)
Other rents in Mission
$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 4.00 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 Mission?
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 $312,000.
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 $523/mo in tax, strata and insurance, so the honest all-in monthly on a $422,000 home is closer to $2,523.
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.
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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.