Rent vs Buy in Naples, FL
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Renting looks favorable in Naples, FL
Price-to-rent ratio is 22.3 (under 15 favors buying, over 21 favors renting). Renting costs $2,036/mo; owning runs about $4,139/mo — $2,103/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 7.18% rate) | $2,957 |
| Property tax | $500 |
| Home insurance | $227 |
| Maintenance | $455 |
| Total to own | $4,139 |
| Average 2BR rent | $2,036 |
Based on a median home value of $545,587 with a $109,117 down payment. Owning also builds equity over time, which a monthly comparison doesn't capture. Estimates use national averages for taxes, insurance and maintenance — your actual costs will vary.