Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $607.6k | $2.3k/mo |
| Price-to-Rent Ratio | 21.8years of rent | |
| Monthly Payment | $3.1kat 6.5%, 20% down | $2.3k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$3,072
Home Value After 10 Years
$816,578
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$85,721
Total Cost (Rent)$279,120
Net Difference+$193,399
Buying is cheaper by $193,399 over this period.
Market Context
Sale Listings685
Rent Listings516
Avg Sale $/m²$5,216/m²
Avg Rent $/m²$18/m²
This is an estimate. Consult a financial advisor before making any real estate decision.