Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.46M | $4.9k/mo |
| Price-to-Rent Ratio | 24.7years of rent | |
| Monthly Payment | $7.4kat 6.5%, 20% down | $4.9k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$7,389
Home Value After 10 Years
$1,963,736
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$206,144
Total Cost (Rent)$592,560
Net Difference+$386,416
Buying is cheaper by $386,416 over this period.
Market Context
Sale Listings396
Rent Listings165
Avg Sale $/m²$17,892/m²
Avg Rent $/m²$63/m²
This is an estimate. Consult a financial advisor before making any real estate decision.