Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $579.1k | $1.0k/mo |
| Price-to-Rent Ratio | 47.4years of rent | |
| Monthly Payment | $2.9kat 6.5%, 20% down | $1.0k |
| Break-Even Horizon | 2 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
$2,928
Home Value After 10 Years
$778,224
Break-Even
2 years
Cost Comparison After 10 Years
Total Cost (Buy)$81,694
Total Cost (Rent)$122,280
Net Difference+$40,586
Buying is cheaper by $40,586 over this period.
Market Context
Sale Listings144
Rent Listings17
Avg Sale $/m²$4,507/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.