Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $310.7k | $925/mo |
| Price-to-Rent Ratio | 28.0years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $925 |
| 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
$1,571
Home Value After 10 Years
$417,509
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$43,828
Total Cost (Rent)$111,000
Net Difference+$67,172
Buying is cheaper by $67,172 over this period.
Market Context
Sale Listings178
Rent Listings20
Avg Sale $/m²$3,304/m²
Avg Rent $/m²$17/m²
This is an estimate. Consult a financial advisor before making any real estate decision.