Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $244.5k | $709/mo |
| Price-to-Rent Ratio | 28.7years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $709 |
| 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
$1,236
Home Value After 10 Years
$328,629
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$34,498
Total Cost (Rent)$85,080
Net Difference+$50,582
Buying is cheaper by $50,582 over this period.
Market Context
Sale Listings71
Rent Listings35
Avg Sale $/m²$3,221/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.