Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $231.7k | $709/mo |
| Price-to-Rent Ratio | 27.2years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $709 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.7% | |
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
$1,172
Home Value After 10 Years
$311,400
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$32,689
Total Cost (Rent)$85,080
Net Difference+$52,391
Buying is cheaper by $52,391 over this period.
Market Context
Sale Listings1,140
Rent Listings367
Avg Sale $/m²$3,033/m²
Avg Rent $/m²$20/m²
This is an estimate. Consult a financial advisor before making any real estate decision.