Continue renting or buy as I approach retirement?

Im a 58 year old making $130k/year in HCOL area with no kids and zero debt. I have $300k cash in a money market account which I contribute ~$15k/year and makes ~$10k/year in interest. Im also contributing 15% to my 401k which is currently at around $820k. My current rent is $1500/mo for a rent controlled apartment that I’ve been in for 14 years. Not a great apartment, but its in a fantastic location. Im considering buying a condo in the $500k range which will be ~$3000/mo after taxes, insurance, hoa, etc. My main reason for buying is to lock-in my monthly living expenses as I approach retirement as well as having a nicer place to live than my inexpensive apartment—although I’ll need to move to a less desirable (to me) location because I can’t afford to buy in my neighborhood. Would I better off continuing to rent until I retire given my current financial situation? I see most of the condos Ive been looking at have gone up less in the past five years than my savings.