Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $405.9k | $1.0k/mo |
| Price-to-Rent Ratio | 32.9years of rent | |
| Monthly Payment | $2.1kat 6.5%, 20% down | $1.0k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.0% | |
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
$2,052
Home Value After 10 Years
$545,474
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$57,261
Total Cost (Rent)$123,480
Net Difference+$66,219
Buying is cheaper by $66,219 over this period.
Market Context
Sale Listings219
Rent Listings8
Avg Sale $/m²$4,192/m²
Avg Rent $/m²$27/m²
This is an estimate. Consult a financial advisor before making any real estate decision.