Under your rent
27
$195,000
~$924/mo
iLOT 1 Old Hedley Road
Princeton · Land
MLS® 10397641
Century 21 Horizon West Realty
Rent vs mortgage
$3,000 a month in rent buys a $633,000 home in Princeton
That is what a 3000-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 $488,000. Here are the 61 Princeton homes on the market at or under it right now.
Purchase price
$633,000
Down payment
$127,000
All-in monthly
$3,688/mo
Matching homes
61
Princeton homes your $3,000 rent could own
Under your rent
26
$89,900
~$426/mo
i37 KENLEY Avenue
Princeton · Land
MLS® 10374614
Royal LePage Princeton Realty
Under your rent
50
$469,000
~$2,223/mo
i1398 Summers Creek Road
Princeton · Residential
2 bd
1 ba
672 sqft
$698/sqft
Built 1973
MLS® 10397702
Century 21 Horizon West Realty
Under your rent
29
$579,000
~$2,744/mo
i224 COALMONT Road
Princeton · Residential
3 bd
2 ba
1,104 sqft
$524/sqft
Built 2010
MLS® 10382768
Century 21 Horizon West Realty
Under your rent
46
$489,000
~$2,318/mo
i110 Glenview Crescent
Princeton · Residential
2 bd
3 ba
1,878 sqft
$260/sqft
Built 1974
MLS® 10385058
Canada Flex Realty Group
Under your rent
31
$199,000
~$943/mo
i2 Chicken Alley
Princeton · Residential
2 bd
1 ba
1,260 sqft
$158/sqft
Built 2023
MLS® 10398406
Century 21 Horizon West Realty
Under your rent
20
$500,000
~$2,370/mo
i379 MAYNE Avenue
Princeton · Residential
2 bd
1 ba
1,129 sqft
$443/sqft
Built 1960
MLS® 10376565
Canada Flex Realty Group
Under your rent
16
$229,000
~$1,085/mo
iLot 4 PRINCETON SUMMERLAND Road
Princeton · Land
MLS® 10397063
Century 21 Horizon West Realty
Under your rent
23
$549,900
~$2,606/mo
i103 Edgewood Drive
Princeton · Residential
5 bd
2 ba
1,688 sqft
$326/sqft
Built 1970
MLS® 10398077
Royal LePage Princeton Realty
Under your rent
32
$280,000
~$1,327/mo
i#24 – 263 Highway 3 Other
Princeton · Residential
2 bd
2 ba
960 sqft
$292/sqft
Built 2021
MLS® 10396622
Century 21 Horizon West Realty
Under your rent
11
$299,000
~$1,417/mo
iJacobson Rd Other
Princeton · Land
MLS® 10397371
Royal LePage Princeton Realty
Under your rent
17
$569,000
~$2,697/mo
i526 Similkameen Ave Other
Princeton · Residential
3 bd
3 ba
1,350 sqft
$421/sqft
Built 2026
MLS® 10397353
Royal LePage Princeton Realty
See all on the map (61 active listings)
Other rents in Princeton
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/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 5.80 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 $3,000 a month in rent buy in Princeton?
At a 5.19% rate with 20% down over 25 years, $3,000/mo carries the mortgage on a home priced around $633,000. Covering tax, strata and insurance inside the same budget, the matching price is about $488,000.
How much do I need for a down payment?
On a $633,000 home at 20% down, the down payment is $127,000. 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 $688/mo in tax, strata and insurance, so the honest all-in monthly on a $633,000 home is closer to $3,688.
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.