Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.34M | $1.7k/mo |
| Price-to-Rent Ratio | 65.0years of rent | |
| Monthly Payment | $6.8kat 6.5%, 20% down | $1.7k |
| Break-Even Horizon | 9 years | |
| Est. Buy-to-Let ROI | 1.5% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Buy is better
10 years
Monthly Mortgage
$6,793
Home Value After 10 Years
$1,805,310
Break-Even
9 years
Cost Comparison After 10 Years
Total Cost (Buy)$189,513
Total Cost (Rent)$206,520
Net Difference+$17,007
Buying is cheaper by $17,007 over this period.
Market Context
Sale Listings3
Rent Listings184
Avg Sale $/m²$10,193/m²
Avg Rent $/m²$24/m²
This is an estimate. Consult a financial advisor before making any real estate decision.