Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $570.0k | $1.6k/mo |
| Price-to-Rent Ratio | 29.9years of rent | |
| Monthly Payment | $2.9kat 6.5%, 20% down | $1.6k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$2,882
Home Value After 10 Years
$765,991
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$80,410
Total Cost (Rent)$190,560
Net Difference+$110,150
Buying is cheaper by $110,150 over this period.
Market Context
Sale Listings194
Rent Listings54
Avg Sale $/m²$3,768/m²
Avg Rent $/m²$22/m²
This is an estimate. Consult a financial advisor before making any real estate decision.