Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $296.6k | $788/mo |
| Price-to-Rent Ratio | 31.4years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $788 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$1,500
Home Value After 10 Years
$398,657
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$41,849
Total Cost (Rent)$94,560
Net Difference+$52,711
Buying is cheaper by $52,711 over this period.
Market Context
Sale Listings398
Rent Listings52
Avg Sale $/m²$2,634/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.