Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $328.1k | $1.2k/mo |
| Price-to-Rent Ratio | 22.3years of rent | |
| Monthly Payment | $1.7kat 6.5%, 20% down | $1.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.5% | |
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
$1,659
Home Value After 10 Years
$440,948
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$46,289
Total Cost (Rent)$147,240
Net Difference+$100,951
Buying is cheaper by $100,951 over this period.
Market Context
Sale Listings17
Rent Listings20
Avg Sale $/m²$2,713/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.