Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $227.5k | $646/mo |
| Price-to-Rent Ratio | 29.3years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $646 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$1,150
Home Value After 10 Years
$305,749
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$32,096
Total Cost (Rent)$77,520
Net Difference+$45,424
Buying is cheaper by $45,424 over this period.
Market Context
Sale Listings50
Rent Listings13
Avg Sale $/m²$1,786/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.