Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.46M | $3.3k/mo |
| Price-to-Rent Ratio | 36.4years of rent | |
| Monthly Payment | $7.4kat 6.5%, 20% down | $3.3k |
| 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
$7,393
Home Value After 10 Years
$1,964,970
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$206,273
Total Cost (Rent)$401,280
Net Difference+$195,007
Buying is cheaper by $195,007 over this period.
Market Context
Sale Listings197
Rent Listings248
Avg Sale $/m²$8,174/m²
Avg Rent $/m²$30/m²
This is an estimate. Consult a financial advisor before making any real estate decision.