Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $306.8k | $843/mo |
| Price-to-Rent Ratio | 30.3years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $843 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$1,551
Home Value After 10 Years
$412,283
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$43,279
Total Cost (Rent)$101,160
Net Difference+$57,881
Buying is cheaper by $57,881 over this period.
Market Context
Sale Listings87
Rent Listings10
Avg Sale $/m²$3,038/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.