Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $201.9k | $1.6k/mo |
| Price-to-Rent Ratio | 10.7years of rent | |
| Monthly Payment | $1.0kat 6.5%, 20% down | $1.6k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 9.3% | |
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
$1,021
Home Value After 10 Years
$271,399
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$28,490
Total Cost (Rent)$188,400
Net Difference+$159,910
Buying is cheaper by $159,910 over this period.
Market Context
Sale Listings77
Rent Listings17
Avg Sale $/m²$1,100/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.