Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $212.0k | $582/mo |
| Price-to-Rent Ratio | 30.4years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $582 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$1,072
Home Value After 10 Years
$284,952
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$29,913
Total Cost (Rent)$69,840
Net Difference+$39,927
Buying is cheaper by $39,927 over this period.
Market Context
Sale Listings90
Rent Listings44
Avg Sale $/m²$2,217/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.