Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $311.7k | $861/mo |
| Price-to-Rent Ratio | 30.2years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $861 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$1,576
Home Value After 10 Years
$418,857
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$43,970
Total Cost (Rent)$103,320
Net Difference+$59,350
Buying is cheaper by $59,350 over this period.
Market Context
Sale Listings1,058
Rent Listings7
Avg Sale $/m²$2,788/m²
Avg Rent $/m²$29/m²
This is an estimate. Consult a financial advisor before making any real estate decision.