House

Brick is the monthly principal-and-interest payment on the median new house — 20% down, 30-year, that year’s average mortgage rate. Steel is median rent. Same units: dollars a month. The sticker price is not the cost. Cards show rent in 2026 dollars. 2022–23 is the rate shock. 2026 is through June.

To buy

$2,034

6.35% · $408,800 house · P&I, 20% down

To rent

$1,565

$1,578 in 2026 $ · median gross rent

30-year

6.35%

$408,800 · Freddie Mac average

At this year

2026*

Trump 2 · $2,083/mo

By administration

Term average payment · rent also in 2026 dollars

Bush 41

1989–1992

$817

Rent

$494

2026 $

$1,242

30-year

9.52%

Clinton

1993–2000

$825

Rent

$582

2026 $

$1,230

30-year

7.68%

Bush 43

2001–2008

$1,070

Rent

$760

2026 $

$1,310

30-year

6.23%

Obama

2009–2016

$1,006

Rent

$941

2026 $

$1,369

30-year

4.19%

Trump 1

2017–2020

$1,228

Rent

$1,143

2026 $

$1,510

30-year

3.90%

Biden

2021–2024

$1,910

Rent

$1,354

2026 $

$1,528

30-year

5.46%

Trump 2

2025–2026*

$2,083

Rent

$1,548

2026 $

$1,582

30-year

6.47%