Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $526.7k | $1.6k/mo |
| Price-to-Rent Ratio | 27.9years of rent | |
| Monthly Payment | $2.7kat 6.5%, 20% down | $1.6k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.6% | |
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
$2,663
Home Value After 10 Years
$707,780
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$74,299
Total Cost (Rent)$188,880
Net Difference+$114,581
Buying is cheaper by $114,581 over this period.
Market Context
Sale Listings706
Rent Listings161
Avg Sale $/m²$7,628/m²
Avg Rent $/m²$37/m²
This is an estimate. Consult a financial advisor before making any real estate decision.