Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $289.1k | $979/mo |
| Price-to-Rent Ratio | 24.6years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $979 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$1,462
Home Value After 10 Years
$388,497
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$40,783
Total Cost (Rent)$117,480
Net Difference+$76,697
Buying is cheaper by $76,697 over this period.
Market Context
Sale Listings1,218
Rent Listings86
Avg Sale $/m²$5,805/m²
Avg Rent $/m²$25/m²
This is an estimate. Consult a financial advisor before making any real estate decision.