Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.06M | $2.6k/mo |
| Price-to-Rent Ratio | 34.6years of rent | |
| Monthly Payment | $5.4kat 6.5%, 20% down | $2.6k |
| 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
$5,371
Home Value After 10 Years
$1,427,477
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$149,850
Total Cost (Rent)$306,960
Net Difference+$157,110
Buying is cheaper by $157,110 over this period.
Market Context
Sale Listings307
Rent Listings91
Avg Sale $/m²$8,879/m²
Avg Rent $/m²$34/m²
This is an estimate. Consult a financial advisor before making any real estate decision.