Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $296.2k | $515/mo |
| Price-to-Rent Ratio | 47.9years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $515 |
| Break-Even Horizon | 3 years | |
| Est. Buy-to-Let ROI | 2.1% | |
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
$1,498
Home Value After 10 Years
$398,118
Break-Even
3 years
Cost Comparison After 10 Years
Total Cost (Buy)$41,793
Total Cost (Rent)$61,800
Net Difference+$20,007
Buying is cheaper by $20,007 over this period.
Market Context
Sale Listings67
Rent Listings7
Avg Sale $/m²$2,380/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.