Monthly costs
Rent growth
Also known as: rent increase, annual rent growth
How much monthly rent is assumed to rise each year.
Rent growth is the assumed annual increase in rent for a comparable home. In a rent vs buy calculator, higher rent growth increases the long-term cost of renting and can make buying look relatively stronger. Local markets vary widely; the rate is an editable educational assumption, not a lease quote.
See also
Definitions are for general education. Loan products, insurance, and taxes vary by lender, location, and your situation. FinanceFlow calculators produce estimates only and are not a lender quote or professional advice.