Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $325.7k | $1.1k/mo |
| Price-to-Rent Ratio | 23.6years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $1.1k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.2% | |
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
$1,647
Home Value After 10 Years
$437,747
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$45,953
Total Cost (Rent)$138,000
Net Difference+$92,047
Buying is cheaper by $92,047 over this period.
Market Context
Sale Listings2
Rent Listings87
Avg Sale $/m²$3,953/m²
Avg Rent $/m²$17/m²
This is an estimate. Consult a financial advisor before making any real estate decision.