The Hard Truth About Renting in Arizona (And What It Could Cost You Over Time)

🏡 The Hard Truth About Renting in Arizona (And What It Could Cost You Over Time)

Let’s break this down with simple math.

If you’re paying $2,500/month in rent, in three years you will spend:

👉 $2,500 × 36 months = $90,000

That money is gone. It doesn’t build equity, doesn’t give you tax benefits, and doesn’t improve your financial position long term.

😬 Let that sink in.

This is not a “buy a house right now” message.
Renting has its place — especially if you need flexibility, are new to the area, or are still getting financially prepared.

But it’s worth asking:

What would it look like if even part of that money started building equity for you?

🌵 Arizona Rental Reality (Quick Facts)

• In Gilbert, Chandler, and Queen Creek, $2,300–$2,700/month is common for a 3–4 bedroom rental
• Lease renewals often come with annual rent increases
• You’re essentially helping someone else pay down their mortgage

💰 Owning Doesn’t Mean 20% Down

Many Arizona buyers purchase with:

• 3–5% down (conventional)
• 0% down (VA loan, if eligible)
• Down payment assistance programs (depending on qualification)

Your monthly payment might be closer to renting than you think.

🎯 Renting Isn’t Wrong — Renting With No Strategy Is Expensive

Maybe buying makes sense now.
Maybe it makes sense next year.
The smart move is simply to know your numbers so you can plan ahead.

✨ Want to See Your Rent-vs-Buy Scenario?

No pressure.
No commitment.
Just a real look at what owning could mean for you in Arizona.

📩 DM me “EQUITY” and I’ll run a quick rent-vs-buy analysis using your actual numbers.

Your future self might thank you. 🏡