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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/Peachland/$1,800/mo

Rent vs mortgage

$1,800 a month in rent buys a $380,000 home in Peachland

That is what a 1800-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 $268,000. Here are the 19 Peachland homes on the market at or under it right now.

Purchase price

$380,000

Down payment

$76,000

All-in monthly

$2,330/mo

Matching homes

19

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $1,800/mo owns a home worth about

$380,000

19 Peachland homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $276,000.

Rate %
Down %
Amort. yrs
Email *
How $1,800/mo of rent becomes a purchase price
Rent you pay$1,800/mo
Interest rate5.19%
Amortization25 years
Down payment (20%)$76,000
Mortgage supported$304,000
Purchase price$380,000
Tax, strata & insurance$530/mo
All-in monthly$2,330/mo

Peachland homes your $1,800 rent could own

#16 – 4835 Paradise Valley Drive
Under your rent
21

$239,000

~$1,133/mo

i

#16 – 4835 Paradise Valley Drive

Peachland · Residential

2 bd

1 ba

540 sqft

$443/sqft

Built 2015

MLS® 10390874

View

2 Percent Realty Interior Inc.

#34 – 6711 Highway 97 Highway
Under your rent
35

$329,900

~$1,564/mo

i

#34 – 6711 Highway 97 Highway

Peachland · Residential

4 bd

3 ba

1,786 sqft

$185/sqft

Built 1975

MLS® 10391331

View

REMAX Kelowna

6241 Lipsett Avenue
Under your rent
5

$375,000

~$1,777/mo

i

6241 Lipsett Avenue

Peachland · Land

MLS® 10386577

View

Royal LePage Kelowna

#32 – 6663 Hwy 97 Other
Under your rent
44

$119,000

~$564/mo

i

#32 – 6663 Hwy 97 Other

Peachland · Residential

2 bd

1 ba

1,024 sqft

$116/sqft

Built 1973

MLS® 10379047

View

Coldwell Banker Horizon Realty

4623 Ponderosa Drive
Under your rent
24

$299,800

~$1,421/mo

i

4623 Ponderosa Drive

Peachland · Land

MLS® 10396330

View

Royal LePage Kelowna

#13 – 6711 97 Highway
Under your rent
29

$159,800

~$757/mo

i

#13 – 6711 97 Highway

Peachland · Residential

3 bd

1 ba

854 sqft

$187/sqft

Built 1972

MLS® 10395381

View

Royal LePage Kelowna

#32 – 6711 Highway 97 Other
Under your rent
38

$219,000

~$1,038/mo

i

#32 – 6711 Highway 97 Other

Peachland · Residential

2 bd

1 ba

682 sqft

$321/sqft

Built 1981

MLS® 10395985

View

Coldwell Banker Horizon Realty

#40 – 4835 Paradise Valley Drive
Under your rent
25

$274,900

~$1,303/mo

i

#40 – 4835 Paradise Valley Drive

Peachland · Residential

2 bd

1 ba

678 sqft

$405/sqft

Built 2010

MLS® 10393697

View

2 Percent Realty Interior Inc.

#11 – 6663 Highway 97 S Other
Under your rent
35

$319,000

~$1,512/mo

i

#11 – 6663 Highway 97 S Other

Peachland · Residential

2 bd

1 ba

927 sqft

$344/sqft

Built 1980

MLS® 10381779

View

Royal LePage Kelowna

#24 – 5371 Princeton Avenue
Under your rent
26

$279,900

~$1,327/mo

i

#24 – 5371 Princeton Avenue

Peachland · Residential

3 bd

2 ba

1,152 sqft

$243/sqft

Built 2009

MLS® 10375551

View

Coldwell Banker Executives Realty

Cabin 4 Hatheume Lake Road
Under your rent
55

$320,000

~$1,517/mo

i

Cabin 4 Hatheume Lake Road

Peachland · Residential

1 bd

1 ba

420 sqft

$762/sqft

Built 1996

MLS® 10392217

View

Royal LePage Kelowna

3993 Ponderosa Place
Under your rent
10

$339,000

~$1,607/mo

i

3993 Ponderosa Place

Peachland · Land

MLS® 10372296

View

Canada Flex Realty Group Ltd.

See all on the map (19 active listings)

Other rents in Peachland

$1,500/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 4.68 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 $1,800 a month in rent buy in Peachland?

At a 5.19% rate with 20% down over 25 years, $1,800/mo carries the mortgage on a home priced around $380,000. Covering tax, strata and insurance inside the same budget, the matching price is about $268,000.

How much do I need for a down payment?

On a $380,000 home at 20% down, the down payment is $76,000. 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 $530/mo in tax, strata and insurance, so the honest all-in monthly on a $380,000 home is closer to $2,330.

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 Peachland$2,000/mo in Peachland$2,200/mo in Peachland$2,500/mo in Peachland$3,000/mo in Peachland$3,500/mo in Peachland$4,000/mo in PeachlandAll rent bands in PeachlandPeachland 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.