Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $448.9k | $1.4k/mo |
| Price-to-Rent Ratio | 26.7years of rent | |
| Monthly Payment | $2.3kat 6.5%, 20% down | $1.4k |
| 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
$2,270
Home Value After 10 Years
$603,311
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$63,333
Total Cost (Rent)$168,000
Net Difference+$104,667
Buying is cheaper by $104,667 over this period.
Market Context
Sale Listings209
Rent Listings22
Avg Sale $/m²$3,167/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.