Rhode Island rent vs. buy calculator

The honest break-even — counting what it costs to sell, and what the down payment would have earned if it stayed invested. Both are usually left out, and both favour renting.

Pre-filled with Rhode Island’s own sourced figures: a $525,000 median home, a 1.19% effective property tax rate, $2,650 average insurance, and -0.69% annual appreciation. Rent is seeded from HUD FY2026 two-bedroom fair market rent, median across 3 FMR areas in Rhode Island. Change anything that does not match your situation.
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Renting

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