Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $455.0k | $1.0k/mo |
| Price-to-Rent Ratio | 37.4years of rent | |
| Monthly Payment | $2.3kat 6.5%, 20% down | $1.0k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$2,301
Home Value After 10 Years
$611,542
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$64,197
Total Cost (Rent)$121,680
Net Difference+$57,483
Buying is cheaper by $57,483 over this period.
Market Context
Sale Listings68
Rent Listings55
Avg Sale $/m²$6,040/m²
Avg Rent $/m²$17/m²
This is an estimate. Consult a financial advisor before making any real estate decision.