Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.13M | $3.6k/mo |
| Price-to-Rent Ratio | 48.6years of rent | |
| Monthly Payment | $10.8kat 6.5%, 20% down | $3.6k |
| Break-Even Horizon | 3 years | |
| Est. Buy-to-Let ROI | 2.1% | |
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
$10,757
Home Value After 10 Years
$2,858,856
Break-Even
3 years
Cost Comparison After 10 Years
Total Cost (Buy)$300,109
Total Cost (Rent)$437,400
Net Difference+$137,291
Buying is cheaper by $137,291 over this period.
Market Context
Sale Listings8
Rent Listings316
Avg Sale $/m²$15,252/m²
Avg Rent $/m²$44/m²
This is an estimate. Consult a financial advisor before making any real estate decision.