Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $214.6k | $560/mo |
| Price-to-Rent Ratio | 31.9years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $560 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.1% | |
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
$1,085
Home Value After 10 Years
$288,352
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$30,270
Total Cost (Rent)$67,200
Net Difference+$36,930
Buying is cheaper by $36,930 over this period.
Market Context
Sale Listings52
Rent Listings69
Avg Sale $/m²$2,638/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.