Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $300.1k | $842/mo |
| Price-to-Rent Ratio | 29.7years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $842 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$1,518
Home Value After 10 Years
$403,328
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$42,339
Total Cost (Rent)$101,040
Net Difference+$58,701
Buying is cheaper by $58,701 over this period.
Market Context
Sale Listings195
Rent Listings17
Avg Sale $/m²$1,892/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.