Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $308.7k | $952/mo |
| Price-to-Rent Ratio | 27.0years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $952 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.7% | |
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
$1,561
Home Value After 10 Years
$414,840
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$43,548
Total Cost (Rent)$114,240
Net Difference+$70,692
Buying is cheaper by $70,692 over this period.
Market Context
Sale Listings218
Rent Listings47
Avg Sale $/m²$3,077/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.