Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $301.4k | $1.0k/mo |
| Price-to-Rent Ratio | 24.9years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $1.0k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.0% | |
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
$1,524
Home Value After 10 Years
$405,020
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$42,517
Total Cost (Rent)$121,200
Net Difference+$78,683
Buying is cheaper by $78,683 over this period.
Market Context
Sale Listings0
Rent Listings123
Avg Sale $/m²$2,077/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.