Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $285.8k | $831/mo |
| Price-to-Rent Ratio | 28.7years of rent | |
| Monthly Payment | $1.4kat 6.5%, 20% down | $831 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$1,445
Home Value After 10 Years
$384,152
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$40,326
Total Cost (Rent)$99,720
Net Difference+$59,394
Buying is cheaper by $59,394 over this period.
Market Context
Sale Listings42
Rent Listings7
Avg Sale $/m²$2,412/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.