Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $4.45M | $2.8k/mo |
| Price-to-Rent Ratio | 131.3years of rent | |
| Monthly Payment | $22.5kat 6.5%, 20% down | $2.8k |
| Break-Even Horizon | 17 years | |
| Est. Buy-to-Let ROI | 0.8% | |
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
$22,504
Home Value After 10 Years
$5,981,100
Break-Even
17 years
Cost Comparison After 10 Years
Total Cost (Buy)$627,867
Total Cost (Rent)$339,000
Net Difference$-288,867
Renting is cheaper by $288,867 over this period.
Market Context
Sale Listings1
Rent Listings11
Avg Sale $/m²$18,621/m²
Avg Rent $/m²$40/m²
This is an estimate. Consult a financial advisor before making any real estate decision.