Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $184.2k | $2.2k/mo |
| Price-to-Rent Ratio | 7.1years of rent | |
| Monthly Payment | $931at 6.5%, 20% down | $2.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 14.1% | |
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
$931
Home Value After 10 Years
$247,547
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,986
Total Cost (Rent)$260,400
Net Difference+$234,414
Buying is cheaper by $234,414 over this period.
Market Context
Sale Listings8,835
Rent Listings3,932
Avg Sale $/m²$1,472/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.