Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $849.0k | $2.0k/mo |
| Price-to-Rent Ratio | 34.9years of rent | |
| Monthly Payment | $4.3kat 6.5%, 20% down | $2.0k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.9% | |
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
$4,293
Home Value After 10 Years
$1,141,017
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$119,779
Total Cost (Rent)$243,600
Net Difference+$123,821
Buying is cheaper by $123,821 over this period.
Market Context
Sale Listings109
Rent Listings32
Avg Sale $/m²$6,221/m²
Avg Rent $/m²$19/m²
This is an estimate. Consult a financial advisor before making any real estate decision.