Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $219.8k | $836/mo |
| Price-to-Rent Ratio | 21.9years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $836 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$1,111
Home Value After 10 Years
$295,354
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$31,005
Total Cost (Rent)$100,320
Net Difference+$69,315
Buying is cheaper by $69,315 over this period.
Market Context
Sale Listings107
Rent Listings105
Avg Sale $/m²$2,959/m²
Avg Rent $/m²$17/m²
This is an estimate. Consult a financial advisor before making any real estate decision.