Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $335.8k | $710/mo |
| Price-to-Rent Ratio | 39.4years of rent | |
| Monthly Payment | $1.7kat 6.5%, 20% down | $710 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.5% | |
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
$1,698
Home Value After 10 Years
$451,229
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$47,368
Total Cost (Rent)$85,200
Net Difference+$37,832
Buying is cheaper by $37,832 over this period.
Market Context
Sale Listings2,784
Rent Listings1,169
Avg Sale $/m²$3,410/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.