Key Metrics Comparison

Metric	Buy	Rent
Avg Price	$804.9k	$3.0k/mo
Price-to-Rent Ratio	22.1years of rent
Monthly Payment	$4.1kat 6.5%, 20% down	$3.0k
Break-Even Horizon	1 year
Est. Buy-to-Let ROI	4.5%

Interactive Calculator

Adjust the numbers to match your situation and see how buying compares to renting over time.

Buy is better

Home Price

Down Payment %

Interest Rate %

Loan Term (years)

Monthly Rent

Expected Annual Appreciation %

Years to Compare

10 years

Monthly Mortgage

$4,070

Home Value After 10 Years

$1,081,674

Break-Even

1 year

Cost Comparison After 10 Years

Total Cost (Buy)$113,549

Total Cost (Rent)$364,800

Net Difference+$251,251

Buying is cheaper by $251,251 over this period.

Top Sale Listings in Garðabær

View all

Score 74.0$6,270/m²

Holtsvegur 6, 210 Garðabær

$696,649 · 111 m² · 3 rooms

Score 66.3$7,620/m²

Urriðaholtsstræti 11 102, 210 Garðabær

$1,057,672 · 139 m² · 4 rooms

Score 61.8$7,819/m²

Market Context

Sale Listings1

Rent Listings29

Avg Sale $/m²$7,554/m²

Avg Rent $/m²$38/m²

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This is an estimate. Consult a financial advisor before making any real estate decision.

🇮🇸Rent vs Buy in Garðabær