Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $220.7k | $903/mo |
| Price-to-Rent Ratio | 20.4years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $903 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.9% | |
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
$1,116
Home Value After 10 Years
$296,613
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$31,137
Total Cost (Rent)$108,360
Net Difference+$77,223
Buying is cheaper by $77,223 over this period.
Market Context
Sale Listings107
Rent Listings48
Avg Sale $/m²$3,223/m²
Avg Rent $/m²$22/m²
This is an estimate. Consult a financial advisor before making any real estate decision.