Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $320.0k | $1.1k/mo |
| Price-to-Rent Ratio | 25.3years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $1.1k |
| 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
$1,618
Home Value After 10 Years
$430,045
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$45,144
Total Cost (Rent)$126,600
Net Difference+$81,456
Buying is cheaper by $81,456 over this period.
Market Context
Sale Listings198
Rent Listings48
Avg Sale $/m²$4,309/m²
Avg Rent $/m²$26/m²
This is an estimate. Consult a financial advisor before making any real estate decision.