Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $291.6k | $1.2k/mo |
| Price-to-Rent Ratio | 20.7years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $1.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.8% | |
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
$1,475
Home Value After 10 Years
$391,938
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$41,144
Total Cost (Rent)$141,000
Net Difference+$99,856
Buying is cheaper by $99,856 over this period.
Market Context
Sale Listings106
Rent Listings15
Avg Sale $/m²$4,401/m²
Avg Rent $/m²$34/m²
This is an estimate. Consult a financial advisor before making any real estate decision.