Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.46M | $3.1k/mo |
| Price-to-Rent Ratio | 66.2years of rent | |
| Monthly Payment | $12.4kat 6.5%, 20% down | $3.1k |
| Break-Even Horizon | 9 years | |
| Est. Buy-to-Let ROI | 1.5% | |
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
$12,426
Home Value After 10 Years
$3,302,607
Break-Even
9 years
Cost Comparison After 10 Years
Total Cost (Buy)$346,692
Total Cost (Rent)$371,040
Net Difference+$24,348
Buying is cheaper by $24,348 over this period.
Market Context
Sale Listings12
Rent Listings2,970
Avg Sale $/m²$21,551/m²
Avg Rent $/m²$54/m²
This is an estimate. Consult a financial advisor before making any real estate decision.