Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $205.7k | $836/mo |
| Price-to-Rent Ratio | 20.5years of rent | |
| Monthly Payment | $1.0kat 6.5%, 20% down | $836 |
| 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
$1,040
Home Value After 10 Years
$276,409
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$29,016
Total Cost (Rent)$100,320
Net Difference+$71,304
Buying is cheaper by $71,304 over this period.
Market Context
Sale Listings1,037
Rent Listings1,482
Avg Sale $/m²$1,625/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.