Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $267.1k | $770/mo |
| Price-to-Rent Ratio | 28.9years of rent | |
| Monthly Payment | $1.4kat 6.5%, 20% down | $770 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$1,350
Home Value After 10 Years
$358,909
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$37,677
Total Cost (Rent)$92,400
Net Difference+$54,723
Buying is cheaper by $54,723 over this period.
Market Context
Sale Listings1,289
Rent Listings5
Avg Sale $/m²$4,030/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.