Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.43M | $2.6k/mo |
| Price-to-Rent Ratio | 77.8years of rent | |
| Monthly Payment | $12.3kat 6.5%, 20% down | $2.6k |
| Break-Even Horizon | 12 years | |
| Est. Buy-to-Let ROI | 1.3% | |
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
$12,263
Home Value After 10 Years
$3,259,266
Break-Even
12 years
Cost Comparison After 10 Years
Total Cost (Buy)$342,142
Total Cost (Rent)$311,760
Net Difference$-30,382
Renting is cheaper by $30,382 over this period.
Market Context
Sale Listings1
Rent Listings120
Avg Sale $/m²$16,842/m²
Avg Rent $/m²$29/m²
This is an estimate. Consult a financial advisor before making any real estate decision.