Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $261.8k | $787/mo |
| Price-to-Rent Ratio | 27.7years of rent | |
| Monthly Payment | $1.3kat 6.5%, 20% down | $787 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.6% | |
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
$1,324
Home Value After 10 Years
$351,887
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$36,939
Total Cost (Rent)$94,440
Net Difference+$57,501
Buying is cheaper by $57,501 over this period.
Market Context
Sale Listings52
Rent Listings17
Avg Sale $/m²$1,791/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.