Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $499.1k | $2.4k/mo |
| Price-to-Rent Ratio | 17.2years of rent | |
| Monthly Payment | $2.5kat 6.5%, 20% down | $2.4k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.8% | |
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
$2,524
Home Value After 10 Years
$670,692
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$70,406
Total Cost (Rent)$290,160
Net Difference+$219,754
Buying is cheaper by $219,754 over this period.
Market Context
Sale Listings1,782
Rent Listings2,178
Avg Sale $/m²$6,361/m²
Avg Rent $/m²$33/m²
This is an estimate. Consult a financial advisor before making any real estate decision.