Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $960.6k | $2.9k/mo |
| Price-to-Rent Ratio | 27.8years of rent | |
| Monthly Payment | $4.9kat 6.5%, 20% down | $2.9k |
| 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
$4,857
Home Value After 10 Years
$1,290,928
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$135,516
Total Cost (Rent)$345,240
Net Difference+$209,724
Buying is cheaper by $209,724 over this period.
Market Context
Sale Listings1
Rent Listings393
Avg Sale $/m²$8,456/m²
Avg Rent $/m²$36/m²
This is an estimate. Consult a financial advisor before making any real estate decision.