Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $231.1k | $949/mo |
| Price-to-Rent Ratio | 20.3years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $949 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.9% | |
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
$1,169
Home Value After 10 Years
$310,601
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$32,605
Total Cost (Rent)$113,880
Net Difference+$81,275
Buying is cheaper by $81,275 over this period.
Market Context
Sale Listings2,446
Rent Listings487
Avg Sale $/m²$3,106/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.