Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $315.2k | $1.8k/mo |
| Price-to-Rent Ratio | 14.3years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $1.8k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.0% | |
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
$1,594
Home Value After 10 Years
$423,551
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$44,462
Total Cost (Rent)$220,560
Net Difference+$176,098
Buying is cheaper by $176,098 over this period.
Market Context
Sale Listings70
Rent Listings37
Avg Sale $/m²$2,328/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.