Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.34M | $1.9k/mo |
| Price-to-Rent Ratio | 58.1years of rent | |
| Monthly Payment | $6.8kat 6.5%, 20% down | $1.9k |
| Break-Even Horizon | 7 years | |
| Est. Buy-to-Let ROI | 1.7% | |
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
$6,789
Home Value After 10 Years
$1,804,236
Break-Even
7 years
Cost Comparison After 10 Years
Total Cost (Buy)$189,400
Total Cost (Rent)$230,880
Net Difference+$41,480
Buying is cheaper by $41,480 over this period.
Market Context
Sale Listings9
Rent Listings177
Avg Sale $/m²$8,291/m²
Avg Rent $/m²$24/m²
This is an estimate. Consult a financial advisor before making any real estate decision.