Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.60M | $2.4k/mo |
| Price-to-Rent Ratio | 55.4years of rent | |
| Monthly Payment | $8.1kat 6.5%, 20% down | $2.4k |
| Break-Even Horizon | 6 years | |
| Est. Buy-to-Let ROI | 1.8% | |
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
$8,105
Home Value After 10 Years
$2,154,063
Break-Even
6 years
Cost Comparison After 10 Years
Total Cost (Buy)$226,123
Total Cost (Rent)$289,440
Net Difference+$63,317
Buying is cheaper by $63,317 over this period.
Market Context
Sale Listings8
Rent Listings466
Avg Sale $/m²$13,153/m²
Avg Rent $/m²$40/m²
This is an estimate. Consult a financial advisor before making any real estate decision.