Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $190.7k | $1.1k/mo |
| Price-to-Rent Ratio | 14.5years of rent | |
| Monthly Payment | $964at 6.5%, 20% down | $1.1k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.9% | |
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
$964
Home Value After 10 Years
$256,292
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,904
Total Cost (Rent)$131,400
Net Difference+$104,496
Buying is cheaper by $104,496 over this period.
Market Context
Sale Listings1,221
Rent Listings1,235
Avg Sale $/m²$5,137/m²
Avg Rent $/m²$26/m²
This is an estimate. Consult a financial advisor before making any real estate decision.