Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $138.0k | $440/mo |
| Price-to-Rent Ratio | 26.1years of rent | |
| Monthly Payment | $698at 6.5%, 20% down | $440 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$698
Home Value After 10 Years
$185,456
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,468
Total Cost (Rent)$52,800
Net Difference+$33,332
Buying is cheaper by $33,332 over this period.
Market Context
Sale Listings37
Rent Listings44
Avg Sale $/m²$1,897/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.