Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $211.9k | $283/mo |
| Price-to-Rent Ratio | 62.4years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $283 |
| Break-Even Horizon | 8 years | |
| Est. Buy-to-Let ROI | 1.6% | |
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
$1,072
Home Value After 10 Years
$284,797
Break-Even
8 years
Cost Comparison After 10 Years
Total Cost (Buy)$29,897
Total Cost (Rent)$33,960
Net Difference+$4,063
Buying is cheaper by $4,063 over this period.
Market Context
Sale Listings167
Rent Listings460
Avg Sale $/m²$2,385/m²
Avg Rent $/m²$3/m²
This is an estimate. Consult a financial advisor before making any real estate decision.