Newly Listed
Under your rent
40
$519,000
~$2,460/mo
i#306 – 2450 Garden Drive
Vancouver · Residential
0 bd
1 ba
490 sqft
$1,059/sqft
Built 2025
MLS® R3158048
RE/MAX Crest Realty
Rent vs mortgage
$3,500 a month in rent buys a $738,000 home in Vancouver
That is what a 3500-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 $617,000. Here are the 940 Vancouver homes on the market at or under it right now.
Purchase price
$738,000
Down payment
$148,000
All-in monthly
$4,074/mo
Matching homes
940
Vancouver homes your $3,500 rent could own
Newly Listed
Under your rent
Open House on Sun, 2pm–4pm
20
$538,000
~$2,550/mo
i#2011 – 777 Richards Street
Vancouver · Residential
1 bd
1 ba
471 sqft
$1,142/sqft
Built 2016
MLS® R3156263
Multiple Realty Ltd.
Newly Listed
Under your rent
26
$649,000
~$3,076/mo
i#107 – 2023 Franklin Street
Vancouver · Residential
2 bd
2 ba
810 sqft
$801/sqft
Built 1990
MLS® R3155773
Royal LePage Sussex
Under your rent
32
$655,400
~$3,106/mo
i#2102 – 1155 SEYMOUR Street
Vancouver · Residential
1 bd
1 ba
580 sqft
$1,130/sqft
Built 2005
MLS® R3157470
Vanhaus Gruppe Realty Inc.
Under your rent
Open House on Sat, 2pm–4pm
27
$609,000
~$2,887/mo
i#307 – 5212 CAMBIE Street
Vancouver · Residential
0 bd
1 ba
477 sqft
$1,277/sqft
Built 2025
MLS® R3157163
RE/MAX Crest Realty
Under your rent
31
$674,900
~$3,199/mo
i#1503 – 1816 HARO Street
Vancouver · Residential
2 bd
1 ba
759 sqft
$889/sqft
Built 1974
MLS® R3157160
Macdonald Realty
Under your rent
34
$639,900
~$3,033/mo
i#2804 – 108 CORDOVA Street
Vancouver · Residential
1 bd
1 ba
738 sqft
$867/sqft
Built 2009
MLS® R3156778
Macdonald Realty
Under your rent
26
$598,000
~$2,834/mo
i#209 – 5818 LINCOLN Street
Vancouver · Residential
2 bd
2 ba
980 sqft
$610/sqft
Built 1997
MLS® R3156755
RE/MAX Crest Realty
Under your rent
32
$529,900
~$2,512/mo
i#1009 – 983 HASTINGS Street
Vancouver · Residential
1 bd
1 ba
567 sqft
$935/sqft
Built 2018
MLS® R3156480
Oakwyn Realty Ltd.
Under your rent
27
$674,999
~$3,199/mo
i#1006 – 983 HASTINGS Street
Vancouver · Residential
2 bd
2 ba
716 sqft
$943/sqft
Built 2018
MLS® R3156468
Oakwyn Realty Ltd.
Under your rent
Open House on Wed, 5pm–5:15pm
38
$715,000
~$3,389/mo
i#1908 – 821 CAMBIE Street
Vancouver · Residential
1 bd
1 ba
709 sqft
$1,008/sqft
Built 2007
MLS® R3155853
eXp Realty
Under your rent
33
$539,000
~$2,555/mo
i#203 – 5555 VICTORIA Drive
Vancouver · Residential
2 bd
1 ba
671 sqft
$803/sqft
Built 2000
MLS® R3155719
Royal Pacific Realty (Kingsway) Ltd.
See all on the map (940 active listings)
Other rents in Vancouver
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/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 3.12 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 $3,500 a month in rent buy in Vancouver?
At a 5.19% rate with 20% down over 25 years, $3,500/mo carries the mortgage on a home priced around $738,000. Covering tax, strata and insurance inside the same budget, the matching price is about $617,000.
How much do I need for a down payment?
On a $738,000 home at 20% down, the down payment is $148,000. 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 $574/mo in tax, strata and insurance, so the honest all-in monthly on a $738,000 home is closer to $4,074.
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.