Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $152.1k | $710/mo |
| Price-to-Rent Ratio | 17.8years of rent | |
| Monthly Payment | $769at 6.5%, 20% down | $710 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.6% | |
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
$769
Home Value After 10 Years
$204,371
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$21,454
Total Cost (Rent)$85,200
Net Difference+$63,746
Buying is cheaper by $63,746 over this period.
Market Context
Sale Listings1,208
Rent Listings385
Avg Sale $/m²$1,569/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.