Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $318.0k | $783/mo |
| Price-to-Rent Ratio | 33.8years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $783 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.0% | |
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
$1,608
Home Value After 10 Years
$427,348
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$44,861
Total Cost (Rent)$93,960
Net Difference+$49,099
Buying is cheaper by $49,099 over this period.
Market Context
Sale Listings129
Rent Listings9
Avg Sale $/m²$3,075/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.