Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $108.2k | $444/mo |
| Price-to-Rent Ratio | 20.3years of rent | |
| Monthly Payment | $547at 6.5%, 20% down | $444 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.9% | |
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
$547
Home Value After 10 Years
$145,410
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,264
Total Cost (Rent)$53,280
Net Difference+$38,016
Buying is cheaper by $38,016 over this period.
Market Context
Sale Listings12
Rent Listings29
Avg Sale $/m²$1,725/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.