Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $345.7k | $1.9k/mo |
| Price-to-Rent Ratio | 14.8years of rent | |
| Monthly Payment | $1.7kat 6.5%, 20% down | $1.9k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.8% | |
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
$1,748
Home Value After 10 Years
$464,548
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$48,766
Total Cost (Rent)$234,000
Net Difference+$185,234
Buying is cheaper by $185,234 over this period.
Market Context
Sale Listings94
Rent Listings4
Avg Sale $/m²$3,906/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.