Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $954.5k | $2.7k/mo |
| Price-to-Rent Ratio | 29.3years of rent | |
| Monthly Payment | $4.8kat 6.5%, 20% down | $2.7k |
| 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
$4,826
Home Value After 10 Years
$1,282,744
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$134,656
Total Cost (Rent)$325,560
Net Difference+$190,904
Buying is cheaper by $190,904 over this period.
Market Context
Sale Listings38
Rent Listings9
Avg Sale $/m²$4,578/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.