Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $173.8k | $457/mo |
| Price-to-Rent Ratio | 31.7years of rent | |
| Monthly Payment | $879at 6.5%, 20% down | $457 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$879
Home Value After 10 Years
$233,562
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,518
Total Cost (Rent)$54,840
Net Difference+$30,322
Buying is cheaper by $30,322 over this period.
Market Context
Sale Listings338
Rent Listings350
Avg Sale $/m²$2,126/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.