Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $574.7k | $1.4k/mo |
| Price-to-Rent Ratio | 34.0years of rent | |
| Monthly Payment | $2.9kat 6.5%, 20% down | $1.4k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.9% | |
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
$2,906
Home Value After 10 Years
$772,378
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$81,081
Total Cost (Rent)$168,840
Net Difference+$87,759
Buying is cheaper by $87,759 over this period.
Market Context
Sale Listings21
Rent Listings20
Avg Sale $/m²$8,600/m²
Avg Rent $/m²$25/m²
This is an estimate. Consult a financial advisor before making any real estate decision.