Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $222.0k | $232/mo |
| Price-to-Rent Ratio | 79.7years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $232 |
| Break-Even Horizon | 12 years | |
| Est. Buy-to-Let ROI | 1.3% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Rent is better
10 years
Monthly Mortgage
$1,123
Home Value After 10 Years
$298,347
Break-Even
12 years
Cost Comparison After 10 Years
Total Cost (Buy)$31,319
Total Cost (Rent)$27,840
Net Difference$-3,479
Renting is cheaper by $3,479 over this period.
Market Context
Sale Listings15
Rent Listings1
Avg Sale $/m²$1,936/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.