Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $401.8k | $863/mo |
| Price-to-Rent Ratio | 38.8years of rent | |
| Monthly Payment | $2.0kat 6.5%, 20% down | $863 |
| 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
$2,032
Home Value After 10 Years
$539,980
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$56,685
Total Cost (Rent)$103,560
Net Difference+$46,875
Buying is cheaper by $46,875 over this period.
Market Context
Sale Listings62
Rent Listings9
Avg Sale $/m²$4,720/m²
Avg Rent $/m²$19/m²
This is an estimate. Consult a financial advisor before making any real estate decision.