Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $297.9k | $1.6k/mo |
| Price-to-Rent Ratio | 15.8years of rent | |
| Monthly Payment | $1.5kat 6.5%, 20% down | $1.6k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.3% | |
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
$1,506
Home Value After 10 Years
$400,307
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$42,022
Total Cost (Rent)$188,160
Net Difference+$146,138
Buying is cheaper by $146,138 over this period.
Market Context
Sale Listings129
Rent Listings13
Avg Sale $/m²$3,598/m²
Avg Rent $/m²$20/m²
This is an estimate. Consult a financial advisor before making any real estate decision.