Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.63M | $3.7k/mo |
| Price-to-Rent Ratio | 58.9years of rent | |
| Monthly Payment | $13.3kat 6.5%, 20% down | $3.7k |
| Break-Even Horizon | 7 years | |
| Est. Buy-to-Let ROI | 1.7% | |
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
$13,318
Home Value After 10 Years
$3,539,553
Break-Even
7 years
Cost Comparison After 10 Years
Total Cost (Buy)$371,565
Total Cost (Rent)$447,480
Net Difference+$75,915
Buying is cheaper by $75,915 over this period.
Market Context
Sale Listings5
Rent Listings124
Avg Sale $/m²$16,600/m²
Avg Rent $/m²$45/m²
This is an estimate. Consult a financial advisor before making any real estate decision.