Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $290.8k | $682/mo |
| Price-to-Rent Ratio | 35.5years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $682 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.8% | |
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
$1,470
Home Value After 10 Years
$390,796
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$41,024
Total Cost (Rent)$81,840
Net Difference+$40,816
Buying is cheaper by $40,816 over this period.
Market Context
Sale Listings30
Rent Listings10
Avg Sale $/m²$2,486/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.