Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.06M | $1.4k/mo |
| Price-to-Rent Ratio | 63.7years of rent | |
| Monthly Payment | $5.4kat 6.5%, 20% down | $1.4k |
| Break-Even Horizon | 9 years | |
| Est. Buy-to-Let ROI | 1.6% | |
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
$5,368
Home Value After 10 Years
$1,426,675
Break-Even
9 years
Cost Comparison After 10 Years
Total Cost (Buy)$149,766
Total Cost (Rent)$166,680
Net Difference+$16,914
Buying is cheaper by $16,914 over this period.
Market Context
Sale Listings351
Rent Listings11
Avg Sale $/m²$6,577/m²
Avg Rent $/m²$19/m²
This is an estimate. Consult a financial advisor before making any real estate decision.