Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $596.3k | $1.4k/mo |
| Price-to-Rent Ratio | 35.6years of rent | |
| Monthly Payment | $3.0kat 6.5%, 20% down | $1.4k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.8% | |
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
$3,015
Home Value After 10 Years
$801,365
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$84,124
Total Cost (Rent)$167,400
Net Difference+$83,276
Buying is cheaper by $83,276 over this period.
Market Context
Sale Listings341
Rent Listings23
Avg Sale $/m²$5,406/m²
Avg Rent $/m²$22/m²
This is an estimate. Consult a financial advisor before making any real estate decision.