Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $615.3k | $1.6k/mo |
| Price-to-Rent Ratio | 31.2years of rent | |
| Monthly Payment | $3.1kat 6.5%, 20% down | $1.6k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$3,111
Home Value After 10 Years
$826,850
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$86,799
Total Cost (Rent)$197,280
Net Difference+$110,481
Buying is cheaper by $110,481 over this period.
Market Context
Sale Listings175
Rent Listings16
Avg Sale $/m²$8,077/m²
Avg Rent $/m²$33/m²
This is an estimate. Consult a financial advisor before making any real estate decision.