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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/Port Alberni/$2,200/mo

Rent vs mortgage

$2,200 a month in rent buys a $464,000 home in Port Alberni

That is what a 2200-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 $322,000. Here are the 86 Port Alberni homes on the market at or under it right now.

Purchase price

$464,000

Down payment

$93,000

All-in monthly

$2,875/mo

Matching homes

86

Rent or own? See what you could afford

Your name

$

/mo

Your monthly rent

Paid as a mortgage, $2,200/mo owns a home worth about

$464,000

86 Port Alberni homes are in your budget

Builds your equity

Rent builds none

Covering mortgage, tax, strata and insurance together, the matching price is about $355,000.

Rate %
Down %
Amort. yrs
Email *
How $2,200/mo of rent becomes a purchase price
Rent you pay$2,200/mo
Interest rate5.19%
Amortization25 years
Down payment (20%)$93,000
Mortgage supported$371,000
Purchase price$464,000
Tax, strata & insurance$675/mo
All-in monthly$2,875/mo

Port Alberni homes your $2,200 rent could own

#43 – 10325 Lakeshore Road
Under your rent
42

$285,000

~$1,351/mo

i

#43 – 10325 Lakeshore Road

Port Alberni · Residential

2 bd

2 ba

1,163 sqft

$245/sqft

Built 1990

MLS® 1040680

View

RE/MAX Mid-Island Realty

4217 8th Avenue
Under your rent
43

$349,000

~$1,654/mo

i

4217 8th Avenue

Port Alberni · Residential

2 bd

2 ba

1,229 sqft

$284/sqft

Built 1970

MLS® 1044396

View

Real Broker

#9 – 5608 Strathcona Street
Under your rent
26

$439,800

~$2,085/mo

i

#9 – 5608 Strathcona Street

Port Alberni · Residential

2 bd

2 ba

1,196 sqft

$368/sqft

Built 1998

MLS® 1044845

View

Pemberton Holmes Ltd. (PA)

#313 – 3855 11th Avenue
Under your rent
18

$249,900

~$1,184/mo

i

#313 – 3855 11th Avenue

Port Alberni · Residential

2 bd

1 ba

880 sqft

$284/sqft

Built 1997

MLS® 1043705

View

Loyal Homes Ltd.

#15 – 4935 Broughton Street
Under your rent
27

$259,000

~$1,228/mo

i

#15 – 4935 Broughton Street

Port Alberni · Residential

3 bd

1 ba

960 sqft

$270/sqft

Built 1980

MLS® 1041985

View

RE/MAX Mid-Island Realty

4817 Dunbar Street
Under your rent
7

$154,900

~$734/mo

i

4817 Dunbar Street

Port Alberni · Land

0 bd

0 ba

MLS® 1047514

View

Loyal Homes Ltd.

2295 Anderson Avenue
Under your rent
18

$319,000

~$1,512/mo

i

2295 Anderson Avenue

Port Alberni · Land

0 bd

0 ba

MLS® 1047130

View

RE/MAX Mid-Island Realty

2282 14th Avenue
Under your rent
17

$329,000

~$1,559/mo

i

2282 14th Avenue

Port Alberni · Land

0 bd

0 ba

MLS® 1032586

View

RE/MAX Mid-Island Realty

3659 8th Avenue
Under your rent
17

$435,000

~$2,062/mo

i

3659 8th Avenue

Port Alberni · Residential

4 bd

2 ba

1,550 sqft

$281/sqft

Built 1940

MLS® 1046914

View

RE/MAX Mid-Island Realty

3813 14th Avenue
Under your rent
35

$449,000

~$2,128/mo

i

3813 14th Avenue

Port Alberni · Residential

4 bd

2 ba

1,802 sqft

$249/sqft

Built 1952

MLS® 1047103

View

RE/MAX Mid-Island Realty

4925 Leslie Avenue
Under your rent
29

$449,900

~$2,132/mo

i

4925 Leslie Avenue

Port Alberni · Residential

4 bd

1 ba

1,386 sqft

$325/sqft

Built 1936

MLS® 1042091

View

RE/MAX Mid-Island Realty

4338 Bute Street
Under your rent
33

$399,000

~$1,891/mo

i

4338 Bute Street

Port Alberni · Residential

2 bd

1 ba

945 sqft

$422/sqft

Built 1930

MLS® 1044501

View

RE/MAX Mid-Island Realty

See all on the map (86 active listings)

Other rents in Port Alberni

$1,500/mo · $1,800/mo · $2,000/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 7.56 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 $2,200 a month in rent buy in Port Alberni?

At a 5.19% rate with 20% down over 25 years, $2,200/mo carries the mortgage on a home priced around $464,000. Covering tax, strata and insurance inside the same budget, the matching price is about $322,000.

How much do I need for a down payment?

On a $464,000 home at 20% down, the down payment is $93,000. 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 $675/mo in tax, strata and insurance, so the honest all-in monthly on a $464,000 home is closer to $2,875.

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 Port Alberni$1,800/mo in Port Alberni$2,000/mo in Port Alberni$2,500/mo in Port Alberni$3,000/mo in Port Alberni$3,500/mo in Port Alberni$4,000/mo in Port AlberniAll rent bands in Port AlberniPort Alberni 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.