Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $864.1k | $2.4k/mo |
| Price-to-Rent Ratio | 30.3years of rent | |
| Monthly Payment | $4.4kat 6.5%, 20% down | $2.4k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$4,369
Home Value After 10 Years
$1,161,214
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$121,899
Total Cost (Rent)$285,000
Net Difference+$163,101
Buying is cheaper by $163,101 over this period.
Market Context
Sale Listings32
Rent Listings7
Avg Sale $/m²$4,888/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.