Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $773.8k | $2.2k/mo |
| Price-to-Rent Ratio | 29.4years of rent | |
| Monthly Payment | $3.9kat 6.5%, 20% down | $2.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$3,913
Home Value After 10 Years
$1,039,959
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$109,170
Total Cost (Rent)$263,040
Net Difference+$153,870
Buying is cheaper by $153,870 over this period.
Market Context
Sale Listings121
Rent Listings9
Avg Sale $/m²$8,789/m²
Avg Rent $/m²$33/m²
This is an estimate. Consult a financial advisor before making any real estate decision.