Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $245.2k | $758/mo |
| Price-to-Rent Ratio | 27.0years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $758 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.7% | |
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
$1,240
Home Value After 10 Years
$329,557
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$34,595
Total Cost (Rent)$90,960
Net Difference+$56,365
Buying is cheaper by $56,365 over this period.
Market Context
Sale Listings120
Rent Listings29
Avg Sale $/m²$2,527/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.