Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $218.2k | $645/mo |
| Price-to-Rent Ratio | 28.2years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $645 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$1,103
Home Value After 10 Years
$293,217
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$30,781
Total Cost (Rent)$77,400
Net Difference+$46,619
Buying is cheaper by $46,619 over this period.
Market Context
Sale Listings114
Rent Listings78
Avg Sale $/m²$1,557/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.