Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $277.3k | $775/mo |
| Price-to-Rent Ratio | 29.8years of rent | |
| Monthly Payment | $1.4kat 6.5%, 20% down | $775 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$1,402
Home Value After 10 Years
$372,612
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$39,115
Total Cost (Rent)$93,000
Net Difference+$53,885
Buying is cheaper by $53,885 over this period.
Market Context
Sale Listings183
Rent Listings9
Avg Sale $/m²$1,691/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.