Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $248.9k | $536/mo |
| Price-to-Rent Ratio | 38.7years of rent | |
| Monthly Payment | $1.3kat 6.5%, 20% down | $536 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.6% | |
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
$1,259
Home Value After 10 Years
$334,552
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$35,120
Total Cost (Rent)$64,320
Net Difference+$29,200
Buying is cheaper by $29,200 over this period.
Market Context
Sale Listings10
Rent Listings1,630
Avg Sale $/m²$1,944/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.