Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $578.8k | $1.2k/mo |
| Price-to-Rent Ratio | 41.6years of rent | |
| Monthly Payment | $2.9kat 6.5%, 20% down | $1.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.4% | |
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
$2,927
Home Value After 10 Years
$777,913
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$81,662
Total Cost (Rent)$139,200
Net Difference+$57,538
Buying is cheaper by $57,538 over this period.
Market Context
Sale Listings1
Rent Listings1
Avg Sale $/m²$2,372/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.