Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.24M | $978/mo |
| Price-to-Rent Ratio | 105.6years of rent | |
| Monthly Payment | $6.3kat 6.5%, 20% down | $978 |
| Break-Even Horizon | 15 years | |
| Est. Buy-to-Let ROI | 0.9% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Rent is better
10 years
Monthly Mortgage
$6,265
Home Value After 10 Years
$1,665,147
Break-Even
15 years
Cost Comparison After 10 Years
Total Cost (Buy)$174,799
Total Cost (Rent)$117,360
Net Difference$-57,439
Renting is cheaper by $57,439 over this period.
Market Context
Sale Listings573
Rent Listings10
Avg Sale $/m²$9,083/m²
Avg Rent $/m²$29/m²
This is an estimate. Consult a financial advisor before making any real estate decision.