Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.10M | $2.6k/mo |
| Price-to-Rent Ratio | 67.4years of rent | |
| Monthly Payment | $10.6kat 6.5%, 20% down | $2.6k |
| Break-Even Horizon | 10 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.
Depends on timeline
10 years
Monthly Mortgage
$10,596
Home Value After 10 Years
$2,816,311
Break-Even
10 years
Cost Comparison After 10 Years
Total Cost (Buy)$295,643
Total Cost (Rent)$310,800
Net Difference+$15,157
Buying is cheaper by $15,157 over this period.
Market Context
Sale Listings4
Rent Listings49
Avg Sale $/m²$11,206/m²
Avg Rent $/m²$24/m²
This is an estimate. Consult a financial advisor before making any real estate decision.