Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.25M | $2.4k/mo |
| Price-to-Rent Ratio | 78.3years of rent | |
| Monthly Payment | $11.4kat 6.5%, 20% down | $2.4k |
| Break-Even Horizon | 12 years | |
| Est. Buy-to-Let ROI | 1.3% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Rent is better
10 years
Monthly Mortgage
$11,393
Home Value After 10 Years
$3,027,903
Break-Even
12 years
Cost Comparison After 10 Years
Total Cost (Buy)$317,855
Total Cost (Rent)$287,760
Net Difference$-30,095
Renting is cheaper by $30,095 over this period.
Market Context
Sale Listings11
Rent Listings86
Avg Sale $/m²$14,728/m²
Avg Rent $/m²$33/m²
This is an estimate. Consult a financial advisor before making any real estate decision.