Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $598.4k | $1.1k/mo |
| Price-to-Rent Ratio | 45.6years of rent | |
| Monthly Payment | $3.0kat 6.5%, 20% down | $1.1k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.2% | |
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
$3,026
Home Value After 10 Years
$804,150
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$84,416
Total Cost (Rent)$131,160
Net Difference+$46,744
Buying is cheaper by $46,744 over this period.
Market Context
Sale Listings57
Rent Listings51
Avg Sale $/m²$2,743/m²
Avg Rent $/m²$18/m²
This is an estimate. Consult a financial advisor before making any real estate decision.