Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $404.5k | $1.1k/mo |
| Price-to-Rent Ratio | 31.6years of rent | |
| Monthly Payment | $2.0kat 6.5%, 20% down | $1.1k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$2,045
Home Value After 10 Years
$543,567
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$57,061
Total Cost (Rent)$127,920
Net Difference+$70,859
Buying is cheaper by $70,859 over this period.
Market Context
Sale Listings86
Rent Listings18
Avg Sale $/m²$4,337/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.