Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.40M | $2.6k/mo |
| Price-to-Rent Ratio | 44.7years of rent | |
| Monthly Payment | $7.1kat 6.5%, 20% down | $2.6k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.2% | |
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
$7,072
Home Value After 10 Years
$1,879,462
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$197,297
Total Cost (Rent)$312,600
Net Difference+$115,303
Buying is cheaper by $115,303 over this period.
Market Context
Sale Listings29
Rent Listings31
Avg Sale $/m²$4,396/m²
Avg Rent $/m²$19/m²
This is an estimate. Consult a financial advisor before making any real estate decision.