Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.40M | $1.8k/mo |
| Price-to-Rent Ratio | 65.1years of rent | |
| Monthly Payment | $7.1kat 6.5%, 20% down | $1.8k |
| Break-Even Horizon | 9 years | |
| Est. Buy-to-Let ROI | 1.5% | |
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
$7,094
Home Value After 10 Years
$1,885,347
Break-Even
9 years
Cost Comparison After 10 Years
Total Cost (Buy)$197,915
Total Cost (Rent)$215,640
Net Difference+$17,725
Buying is cheaper by $17,725 over this period.
Market Context
Sale Listings9
Rent Listings343
Avg Sale $/m²$8,041/m²
Avg Rent $/m²$25/m²
This is an estimate. Consult a financial advisor before making any real estate decision.