Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.11M | $2.9k/mo |
| Price-to-Rent Ratio | 31.7years of rent | |
| Monthly Payment | $5.6kat 6.5%, 20% down | $2.9k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$5,596
Home Value After 10 Years
$1,487,289
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$156,129
Total Cost (Rent)$348,840
Net Difference+$192,711
Buying is cheaper by $192,711 over this period.
Market Context
Sale Listings15
Rent Listings36
Avg Sale $/m²$8,075/m²
Avg Rent $/m²$34/m²
This is an estimate. Consult a financial advisor before making any real estate decision.