Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $199.4k | $717/mo |
| Price-to-Rent Ratio | 23.2years of rent | |
| Monthly Payment | $1.0kat 6.5%, 20% down | $717 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$1,008
Home Value After 10 Years
$268,036
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$28,137
Total Cost (Rent)$86,040
Net Difference+$57,903
Buying is cheaper by $57,903 over this period.
Market Context
Sale Listings65
Rent Listings14
Avg Sale $/m²$2,268/m²
Avg Rent $/m²$24/m²
This is an estimate. Consult a financial advisor before making any real estate decision.