Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.12M | $1.7k/mo |
| Price-to-Rent Ratio | 55.5years of rent | |
| Monthly Payment | $5.6kat 6.5%, 20% down | $1.7k |
| Break-Even Horizon | 6 years | |
| Est. Buy-to-Let ROI | 1.8% | |
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
$5,644
Home Value After 10 Years
$1,500,164
Break-Even
6 years
Cost Comparison After 10 Years
Total Cost (Buy)$157,480
Total Cost (Rent)$201,120
Net Difference+$43,640
Buying is cheaper by $43,640 over this period.
Market Context
Sale Listings256
Rent Listings16
Avg Sale $/m²$7,778/m²
Avg Rent $/m²$29/m²
This is an estimate. Consult a financial advisor before making any real estate decision.