Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $180.6k | $803/mo |
| Price-to-Rent Ratio | 18.7years of rent | |
| Monthly Payment | $913at 6.5%, 20% down | $803 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.3% | |
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
$913
Home Value After 10 Years
$242,695
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,477
Total Cost (Rent)$96,360
Net Difference+$70,883
Buying is cheaper by $70,883 over this period.
Market Context
Sale Listings1,118
Rent Listings264
Avg Sale $/m²$1,892/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.