Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $614.8k | $1.2k/mo |
| Price-to-Rent Ratio | 42.7years of rent | |
| Monthly Payment | $3.1kat 6.5%, 20% down | $1.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.3% | |
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
$3,109
Home Value After 10 Years
$826,190
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$86,729
Total Cost (Rent)$144,000
Net Difference+$57,271
Buying is cheaper by $57,271 over this period.
Market Context
Sale Listings134
Rent Listings56
Avg Sale $/m²$5,037/m²
Avg Rent $/m²$19/m²
This is an estimate. Consult a financial advisor before making any real estate decision.