Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $229.2k | $792/mo |
| Price-to-Rent Ratio | 24.1years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $792 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$1,159
Home Value After 10 Years
$308,091
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$32,342
Total Cost (Rent)$95,040
Net Difference+$62,698
Buying is cheaper by $62,698 over this period.
Market Context
Sale Listings30
Rent Listings18
Avg Sale $/m²$2,116/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.