Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $480.8k | $1.6k/mo |
| Price-to-Rent Ratio | 24.5years of rent | |
| Monthly Payment | $2.4kat 6.5%, 20% down | $1.6k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$2,431
Home Value After 10 Years
$646,101
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$67,825
Total Cost (Rent)$196,320
Net Difference+$128,495
Buying is cheaper by $128,495 over this period.
Market Context
Sale Listings229
Rent Listings52
Avg Sale $/m²$6,161/m²
Avg Rent $/m²$33/m²
This is an estimate. Consult a financial advisor before making any real estate decision.