Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $303.7k | $427/mo |
| Price-to-Rent Ratio | 59.3years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $427 |
| Break-Even Horizon | 8 years | |
| Est. Buy-to-Let ROI | 1.7% | |
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
$1,536
Home Value After 10 Years
$408,188
Break-Even
8 years
Cost Comparison After 10 Years
Total Cost (Buy)$42,850
Total Cost (Rent)$51,240
Net Difference+$8,390
Buying is cheaper by $8,390 over this period.
Market Context
Sale Listings28
Rent Listings13
Avg Sale $/m²$2,041/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.