Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $158.0k | $370/mo |
| Price-to-Rent Ratio | 35.6years of rent | |
| Monthly Payment | $799at 6.5%, 20% down | $370 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.8% | |
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
$799
Home Value After 10 Years
$212,315
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,288
Total Cost (Rent)$44,400
Net Difference+$22,112
Buying is cheaper by $22,112 over this period.
Market Context
Sale Listings31
Rent Listings25
Avg Sale $/m²$1,587/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.