Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $606.7k | $1.3k/mo |
| Price-to-Rent Ratio | 38.8years of rent | |
| Monthly Payment | $3.1kat 6.5%, 20% down | $1.3k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.6% | |
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
$3,068
Home Value After 10 Years
$815,298
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$85,586
Total Cost (Rent)$156,240
Net Difference+$70,654
Buying is cheaper by $70,654 over this period.
Market Context
Sale Listings56
Rent Listings4
Avg Sale $/m²$3,303/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.