Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $280.9k | $689/mo |
| Price-to-Rent Ratio | 34.0years of rent | |
| Monthly Payment | $1.4kat 6.5%, 20% down | $689 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.9% | |
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
$1,421
Home Value After 10 Years
$377,564
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$39,635
Total Cost (Rent)$82,680
Net Difference+$43,045
Buying is cheaper by $43,045 over this period.
Market Context
Sale Listings12
Rent Listings1
Avg Sale $/m²$1,881/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.