Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $191.8k | $731/mo |
| Price-to-Rent Ratio | 21.9years of rent | |
| Monthly Payment | $970at 6.5%, 20% down | $731 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$970
Home Value After 10 Years
$257,723
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,055
Total Cost (Rent)$87,720
Net Difference+$60,665
Buying is cheaper by $60,665 over this period.
Market Context
Sale Listings1,199
Rent Listings887
Avg Sale $/m²$3,382/m²
Avg Rent $/m²$22/m²
This is an estimate. Consult a financial advisor before making any real estate decision.