Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $291.9k | $925/mo |
| Price-to-Rent Ratio | 26.3years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $925 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$1,476
Home Value After 10 Years
$392,335
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$41,185
Total Cost (Rent)$111,000
Net Difference+$69,815
Buying is cheaper by $69,815 over this period.
Market Context
Sale Listings49
Rent Listings55
Avg Sale $/m²$3,283/m²
Avg Rent $/m²$19/m²
This is an estimate. Consult a financial advisor before making any real estate decision.