Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $246.0k | $569/mo |
| Price-to-Rent Ratio | 36.0years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $569 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.8% | |
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
$1,244
Home Value After 10 Years
$330,550
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$34,700
Total Cost (Rent)$68,280
Net Difference+$33,580
Buying is cheaper by $33,580 over this period.
Market Context
Sale Listings156
Rent Listings82
Avg Sale $/m²$2,229/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.