Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $231.4k | $736/mo |
| Price-to-Rent Ratio | 26.2years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $736 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$1,170
Home Value After 10 Years
$311,004
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$32,648
Total Cost (Rent)$88,320
Net Difference+$55,672
Buying is cheaper by $55,672 over this period.
Market Context
Sale Listings54
Rent Listings22
Avg Sale $/m²$3,282/m²
Avg Rent $/m²$17/m²
This is an estimate. Consult a financial advisor before making any real estate decision.