Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $294.6k | $678/mo |
| Price-to-Rent Ratio | 36.2years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $678 |
| 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
$1,490
Home Value After 10 Years
$395,926
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$41,562
Total Cost (Rent)$81,360
Net Difference+$39,798
Buying is cheaper by $39,798 over this period.
Market Context
Sale Listings119
Rent Listings92
Avg Sale $/m²$2,124/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.