Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $418.0k | $1.2k/mo |
| Price-to-Rent Ratio | 29.0years of rent | |
| Monthly Payment | $2.1kat 6.5%, 20% down | $1.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$2,114
Home Value After 10 Years
$561,783
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$58,973
Total Cost (Rent)$144,000
Net Difference+$85,027
Buying is cheaper by $85,027 over this period.
Market Context
Sale Listings339
Rent Listings27
Avg Sale $/m²$4,159/m²
Avg Rent $/m²$18/m²
This is an estimate. Consult a financial advisor before making any real estate decision.