Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $221.9k | $930/mo |
| Price-to-Rent Ratio | 19.9years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $930 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.0% | |
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
$1,122
Home Value After 10 Years
$298,238
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$31,308
Total Cost (Rent)$111,600
Net Difference+$80,292
Buying is cheaper by $80,292 over this period.
Market Context
Sale Listings206
Rent Listings51
Avg Sale $/m²$2,599/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.