Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.69M | $3.1k/mo |
| Price-to-Rent Ratio | 71.9years of rent | |
| Monthly Payment | $13.6kat 6.5%, 20% down | $3.1k |
| Break-Even Horizon | 11 years | |
| Est. Buy-to-Let ROI | 1.4% | |
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
$13,587
Home Value After 10 Years
$3,611,103
Break-Even
11 years
Cost Comparison After 10 Years
Total Cost (Buy)$379,076
Total Cost (Rent)$373,920
Net Difference$-5,156
Renting is cheaper by $5,156 over this period.
Market Context
Sale Listings5
Rent Listings97
Avg Sale $/m²$17,708/m²
Avg Rent $/m²$42/m²
This is an estimate. Consult a financial advisor before making any real estate decision.