Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $294.4k | $897/mo |
| Price-to-Rent Ratio | 27.4years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $897 |
| 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
$1,489
Home Value After 10 Years
$395,649
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$41,533
Total Cost (Rent)$107,640
Net Difference+$66,107
Buying is cheaper by $66,107 over this period.
Market Context
Sale Listings44
Rent Listings9
Avg Sale $/m²$3,014/m²
Avg Rent $/m²$17/m²
This is an estimate. Consult a financial advisor before making any real estate decision.