Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $557.7k | $1.3k/mo |
| Price-to-Rent Ratio | 36.7years of rent | |
| Monthly Payment | $2.8kat 6.5%, 20% down | $1.3k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$2,820
Home Value After 10 Years
$749,479
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$78,677
Total Cost (Rent)$151,800
Net Difference+$73,123
Buying is cheaper by $73,123 over this period.
Market Context
Sale Listings284
Rent Listings30
Avg Sale $/m²$6,065/m²
Avg Rent $/m²$32/m²
This is an estimate. Consult a financial advisor before making any real estate decision.