Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $269.1k | $760/mo |
| Price-to-Rent Ratio | 29.5years of rent | |
| Monthly Payment | $1.4kat 6.5%, 20% down | $760 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$1,361
Home Value After 10 Years
$361,711
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$37,971
Total Cost (Rent)$91,200
Net Difference+$53,229
Buying is cheaper by $53,229 over this period.
Market Context
Sale Listings31
Rent Listings41
Avg Sale $/m²$1,500/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.