Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $313.4k | $641/mo |
| Price-to-Rent Ratio | 40.7years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $641 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.5% | |
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
$1,585
Home Value After 10 Years
$421,181
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$44,214
Total Cost (Rent)$76,920
Net Difference+$32,706
Buying is cheaper by $32,706 over this period.
Market Context
Sale Listings128
Rent Listings64
Avg Sale $/m²$2,381/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.