Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $232.4k | $711/mo |
| Price-to-Rent Ratio | 27.2years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $711 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.7% | |
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
$1,175
Home Value After 10 Years
$312,305
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$32,784
Total Cost (Rent)$85,320
Net Difference+$52,536
Buying is cheaper by $52,536 over this period.
Market Context
Sale Listings187
Rent Listings42
Avg Sale $/m²$1,678/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.