Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $299.8k | $875/mo |
| Price-to-Rent Ratio | 28.6years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $875 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$1,516
Home Value After 10 Years
$402,937
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$42,298
Total Cost (Rent)$105,000
Net Difference+$62,702
Buying is cheaper by $62,702 over this period.
Market Context
Sale Listings793
Rent Listings439
Avg Sale $/m²$3,579/m²
Avg Rent $/m²$20/m²
This is an estimate. Consult a financial advisor before making any real estate decision.