Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $2.26M | $8.1k/mo |
| Price-to-Rent Ratio | 23.2years of rent | |
| Monthly Payment | $11.4kat 6.5%, 20% down | $8.1k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$11,408
Home Value After 10 Years
$3,032,064
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$318,292
Total Cost (Rent)$973,440
Net Difference+$655,148
Buying is cheaper by $655,148 over this period.
Market Context
Sale Listings397
Rent Listings35
Avg Sale $/m²$9,259/m²
Avg Rent $/m²$39/m²
This is an estimate. Consult a financial advisor before making any real estate decision.