Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $215.1k | $715/mo |
| Price-to-Rent Ratio | 25.1years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $715 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.0% | |
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
$1,088
Home Value After 10 Years
$289,121
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$30,351
Total Cost (Rent)$85,800
Net Difference+$55,449
Buying is cheaper by $55,449 over this period.
Market Context
Sale Listings1,196
Rent Listings1,064
Avg Sale $/m²$3,780/m²
Avg Rent $/m²$23/m²
This is an estimate. Consult a financial advisor before making any real estate decision.