Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $703.5k | $2.7k/mo |
| Price-to-Rent Ratio | 21.4years of rent | |
| Monthly Payment | $3.6kat 6.5%, 20% down | $2.7k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.7% | |
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
$3,557
Home Value After 10 Years
$945,495
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$99,254
Total Cost (Rent)$329,160
Net Difference+$229,906
Buying is cheaper by $229,906 over this period.
Market Context
Sale Listings884
Rent Listings204
Avg Sale $/m²$12,390/m²
Avg Rent $/m²$62/m²
This is an estimate. Consult a financial advisor before making any real estate decision.