Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $252.6k | $560/mo |
| Price-to-Rent Ratio | 37.6years of rent | |
| Monthly Payment | $1.3kat 6.5%, 20% down | $560 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$1,277
Home Value After 10 Years
$339,501
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$35,639
Total Cost (Rent)$67,200
Net Difference+$31,561
Buying is cheaper by $31,561 over this period.
Market Context
Sale Listings23
Rent Listings16
Avg Sale $/m²$2,210/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.