Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $285.4k | $1.1k/mo |
| Price-to-Rent Ratio | 22.2years of rent | |
| Monthly Payment | $1.4kat 6.5%, 20% down | $1.1k |
| 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
$1,443
Home Value After 10 Years
$383,614
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$40,270
Total Cost (Rent)$128,760
Net Difference+$88,490
Buying is cheaper by $88,490 over this period.
Market Context
Sale Listings45
Rent Listings8
Avg Sale $/m²$4,447/m²
Avg Rent $/m²$31/m²
This is an estimate. Consult a financial advisor before making any real estate decision.