Rent vs. Buy in Douglas County, WA

Should you rent or buy in Douglas County? Here are the numbers.

Median Home Price

$366,800

Median Rent

$1,181/mo

Price-to-Rent Ratio

25.9x

Homeownership Rate

69.9%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,855
Property Tax$248
Insurance$122

Total Monthly$2,225

Renting

Monthly Rent$1,181
Renter's Insurance$25

Total Monthly$1,206

In Douglas County, buying costs approximately $1,044/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Douglas County, Washington

Douglas County in Washington has a median household income of $79,422 and an effective property tax rate of 0.8%. With a price-to-rent ratio of 25.9x, renting may be more cost-effective in the short term.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Washington

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.