Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.31M | $1.8k/mo |
| Price-to-Rent Ratio | 61.1years of rent | |
| Monthly Payment | $6.6kat 6.5%, 20% down | $1.8k |
| Break-Even Horizon | 8 years | |
| Est. Buy-to-Let ROI | 1.6% | |
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
$6,616
Home Value After 10 Years
$1,758,469
Break-Even
8 years
Cost Comparison After 10 Years
Total Cost (Buy)$184,596
Total Cost (Rent)$214,200
Net Difference+$29,604
Buying is cheaper by $29,604 over this period.
Market Context
Sale Listings24
Rent Listings216
Avg Sale $/m²$8,645/m²
Avg Rent $/m²$25/m²
This is an estimate. Consult a financial advisor before making any real estate decision.