Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $617.7k | $2.2k/mo |
| Price-to-Rent Ratio | 23.4years of rent | |
| Monthly Payment | $3.1kat 6.5%, 20% down | $2.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$3,123
Home Value After 10 Years
$830,100
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$87,140
Total Cost (Rent)$263,880
Net Difference+$176,740
Buying is cheaper by $176,740 over this period.
Market Context
Sale Listings37
Rent Listings34
Avg Sale $/m²$3,309/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.