Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $222.0k | $653/mo |
| Price-to-Rent Ratio | 28.3years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $653 |
| 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
$1,123
Home Value After 10 Years
$298,359
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$31,320
Total Cost (Rent)$78,360
Net Difference+$47,040
Buying is cheaper by $47,040 over this period.
Market Context
Sale Listings228
Rent Listings39
Avg Sale $/m²$1,645/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.