Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $284.7k | $614/mo |
| Price-to-Rent Ratio | 38.6years of rent | |
| Monthly Payment | $1.4kat 6.5%, 20% down | $614 |
| 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
$1,440
Home Value After 10 Years
$382,616
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$40,165
Total Cost (Rent)$73,680
Net Difference+$33,515
Buying is cheaper by $33,515 over this period.
Market Context
Sale Listings213
Rent Listings61
Avg Sale $/m²$2,960/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.