Research / Rent vs. buy / Texas / Pearland

Rent or buy in Pearland?
Renting is $1,345 a month cheaper.

Renting the typical home in Pearland costs $1,345 less a month than owning it. Even counting equity and price growth, buying does not come out ahead of renting and investing the difference within 30 years under our baseline assumptions.

Updated September 26, 2026 · Zillow data for August 2026 · 7.03% mortgage rate (Freddie Mac, September 24, 2026) · Rank 188 of 340 (1 = owning closest to renting) · Part of our 2026 rent vs. buy study

Monthly cost to own$3,243typical home, 20% down
Typical monthly rent$1,898Zillow, August 2026
Buying breaks even30+ years3.5% price growth
Cash needed to buy$87,581$380,787 home · 20% down + 3% closing
Income needed to own$129,720vs. $75,920 to rent · 30% rule

Where the monthly money goes.

The first-month cost of owning the typical Pearland home, split into its parts, against the typical rent. About $248 of the first mortgage payment is principal, which you keep as equity.

The median household income in Pearland is $118,842 (Census ACS 2020–2024). Owning the typical home would take 33% of it; renting would take 19%.

As a check with a larger rental, HUD's FY2027 Fair Market Rent for a three-bedroom home in the Brazoria County, TX HUD Metro FMR Area area is $1,790 a month, still $1,453 below the cost of owning.

  • Mortgage principal & interest $2,033
  • Property tax $654
  • Home insurance $239
  • Maintenance $317

How long you would need to stay.

Net worth of a buyer compared with a renter who invests the down payment, closing costs and any monthly savings at 6% a year. Home values and rents grow 3.5% a year; selling costs 6%.

Change the assumptions

Buying vs. renting in Pearland, by years in the home
StayResult
3 yearsRenting ahead by $54,654
5 yearsRenting ahead by $70,263
7 yearsRenting ahead by $87,698
10 yearsRenting ahead by $117,722
15 yearsRenting ahead by $180,059
20 yearsRenting ahead by $261,607
30 yearsRenting ahead by $505,582

Rent or buy elsewhere in Texas.

Other large Texas cities in the study.

All cities
HoustonRenting $642/mo cheaperSan AntonioRenting $741/mo cheaperDallasRenting $938/mo cheaperAustinRenting $2,322/mo cheaperFort WorthRenting $872/mo cheaperEl PasoRenting $597/mo cheaperArlingtonRenting $1,089/mo cheaperCorpus ChristiRenting $491/mo cheaper

More on Pearland

See the full Pearland rental market profile with Census medians, or check how a typical rental performs for an investor in our cash-flow ranking.

How we calculated this

Price is the Zillow Home Value Index and rent the Zillow Observed Rent Index for Pearland. The cost of owning includes principal and interest at 7.03% with 20% down, property tax at the city's 2.06% effective rate (Census ACS), the Texas average homeowners premium (NAIC 2023) and 1% yearly maintenance. It leaves out income-tax effects, HOA dues and utilities. The typical rental may be smaller than the typical home for sale. Full methodology. This is a citywide estimate, not advice about a specific home.