Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $234.4k | $670/mo |
| Price-to-Rent Ratio | 29.1years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $670 |
| 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
$1,185
Home Value After 10 Years
$314,964
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$33,063
Total Cost (Rent)$80,400
Net Difference+$47,337
Buying is cheaper by $47,337 over this period.
Market Context
Sale Listings143
Rent Listings119
Avg Sale $/m²$2,252/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.