Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $604.9k | $1.1k/mo |
| Price-to-Rent Ratio | 48.0years of rent | |
| Monthly Payment | $3.1kat 6.5%, 20% down | $1.1k |
| Break-Even Horizon | 3 years | |
| Est. Buy-to-Let ROI | 2.1% | |
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
$3,059
Home Value After 10 Years
$812,979
Break-Even
3 years
Cost Comparison After 10 Years
Total Cost (Buy)$85,343
Total Cost (Rent)$126,000
Net Difference+$40,657
Buying is cheaper by $40,657 over this period.
Market Context
Sale Listings51
Rent Listings43
Avg Sale $/m²$4,014/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.