Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $393.5k | $1.6k/mo |
| Price-to-Rent Ratio | 19.9years of rent | |
| Monthly Payment | $2.0kat 6.5%, 20% down | $1.6k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.0% | |
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
$1,990
Home Value After 10 Years
$528,863
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$55,518
Total Cost (Rent)$198,000
Net Difference+$142,482
Buying is cheaper by $142,482 over this period.
Market Context
Sale Listings192
Rent Listings24
Avg Sale $/m²$4,227/m²
Avg Rent $/m²$21/m²
This is an estimate. Consult a financial advisor before making any real estate decision.