Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.01M | $4.7k/mo |
| Price-to-Rent Ratio | 35.4years of rent | |
| Monthly Payment | $10.2kat 6.5%, 20% down | $4.7k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.8% | |
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
$10,158
Home Value After 10 Years
$2,699,659
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$283,397
Total Cost (Rent)$567,480
Net Difference+$284,083
Buying is cheaper by $284,083 over this period.
Market Context
Sale Listings9
Rent Listings1,146
Avg Sale $/m²$20,114/m²
Avg Rent $/m²$50/m²
This is an estimate. Consult a financial advisor before making any real estate decision.