Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $294.9k | $649/mo |
| Price-to-Rent Ratio | 37.9years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $649 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.6% | |
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
$1,491
Home Value After 10 Years
$396,324
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$41,604
Total Cost (Rent)$77,880
Net Difference+$36,276
Buying is cheaper by $36,276 over this period.
Market Context
Sale Listings229
Rent Listings17
Avg Sale $/m²$2,667/m²
Avg Rent $/m²$18/m²
This is an estimate. Consult a financial advisor before making any real estate decision.