Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $69.1k | $268/mo |
| Price-to-Rent Ratio | 21.5years of rent | |
| Monthly Payment | $349at 6.5%, 20% down | $268 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.7% | |
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
$349
Home Value After 10 Years
$92,862
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$9,748
Total Cost (Rent)$32,160
Net Difference+$22,412
Buying is cheaper by $22,412 over this period.
Market Context
Sale Listings608
Rent Listings97
Avg Sale $/m²$746/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.