Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $229.6k | $470/mo |
| Price-to-Rent Ratio | 40.7years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $470 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.5% | |
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
$1,161
Home Value After 10 Years
$308,562
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$32,391
Total Cost (Rent)$56,400
Net Difference+$24,009
Buying is cheaper by $24,009 over this period.
Market Context
Sale Listings48
Rent Listings33
Avg Sale $/m²$1,789/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.