Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.29M | $2.7k/mo |
| Price-to-Rent Ratio | 71.3years of rent | |
| Monthly Payment | $11.6kat 6.5%, 20% down | $2.7k |
| 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
$11,576
Home Value After 10 Years
$3,076,600
Break-Even
11 years
Cost Comparison After 10 Years
Total Cost (Buy)$322,967
Total Cost (Rent)$320,880
Net Difference$-2,087
Renting is cheaper by $2,087 over this period.
Market Context
Sale Listings12
Rent Listings202
Avg Sale $/m²$14,759/m²
Avg Rent $/m²$42/m²
This is an estimate. Consult a financial advisor before making any real estate decision.