Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $737.0k | $1.7k/mo |
| Price-to-Rent Ratio | 36.1years of rent | |
| Monthly Payment | $3.7kat 6.5%, 20% down | $1.7k |
| 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
$3,726
Home Value After 10 Years
$990,401
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$103,968
Total Cost (Rent)$204,000
Net Difference+$100,032
Buying is cheaper by $100,032 over this period.
Market Context
Sale Listings2,870
Rent Listings2,466
Avg Sale $/m²$5,385/m²
Avg Rent $/m²$27/m²
This is an estimate. Consult a financial advisor before making any real estate decision.