Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.32M | $2.8k/mo |
| Price-to-Rent Ratio | 39.4years of rent | |
| Monthly Payment | $6.7kat 6.5%, 20% down | $2.8k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.5% | |
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
$6,673
Home Value After 10 Years
$1,773,579
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$186,182
Total Cost (Rent)$334,680
Net Difference+$148,498
Buying is cheaper by $148,498 over this period.
Market Context
Sale Listings210
Rent Listings26
Avg Sale $/m²$8,418/m²
Avg Rent $/m²$31/m²
This is an estimate. Consult a financial advisor before making any real estate decision.