Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $517.0k | $1.2k/mo |
| Price-to-Rent Ratio | 36.8years of rent | |
| Monthly Payment | $2.6kat 6.5%, 20% down | $1.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$2,614
Home Value After 10 Years
$694,739
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$72,930
Total Cost (Rent)$140,400
Net Difference+$67,470
Buying is cheaper by $67,470 over this period.
Market Context
Sale Listings16
Rent Listings2
Avg Sale $/m²$2,010/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.