New York, New York
Buy vs. Rent Calculator
๐ New York Market Analysis
The New York housing market shows a Price-to-Rent ratio of 17.9, calculated from an average home price of $750,000 against monthly rents of $3,500. A ratio below 18 signals that buying may outperform renting as a wealth-building strategy. With a $150,000 down payment, the alternative is investing that capital at a 5% annual return โ a key factor our calculator models over 30 years. Adjust the sliders below to test your personal scenario.