Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $310.5k | $687/mo |
| Price-to-Rent Ratio | 37.7years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $687 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$1,570
Home Value After 10 Years
$417,265
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$43,802
Total Cost (Rent)$82,440
Net Difference+$38,638
Buying is cheaper by $38,638 over this period.
Market Context
Sale Listings150
Rent Listings30
Avg Sale $/m²$3,006/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.