Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.58M | $3.8k/mo |
| Price-to-Rent Ratio | 34.4years of rent | |
| Monthly Payment | $8.0kat 6.5%, 20% down | $3.8k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.9% | |
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
$7,970
Home Value After 10 Years
$2,118,266
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$222,365
Total Cost (Rent)$458,040
Net Difference+$235,675
Buying is cheaper by $235,675 over this period.
Market Context
Sale Listings590
Rent Listings135
Avg Sale $/m²$13,817/m²
Avg Rent $/m²$51/m²
This is an estimate. Consult a financial advisor before making any real estate decision.