Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $221.6k | $396/mo |
| Price-to-Rent Ratio | 46.6years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $396 |
| Break-Even Horizon | 2 years | |
| Est. Buy-to-Let ROI | 2.1% | |
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
$1,121
Home Value After 10 Years
$297,836
Break-Even
2 years
Cost Comparison After 10 Years
Total Cost (Buy)$31,265
Total Cost (Rent)$47,520
Net Difference+$16,255
Buying is cheaper by $16,255 over this period.
Market Context
Sale Listings50
Rent Listings6
Avg Sale $/m²$1,321/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.