Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $142.5k | $805/mo |
| Price-to-Rent Ratio | 14.8years of rent | |
| Monthly Payment | $721at 6.5%, 20% down | $805 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.8% | |
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
$721
Home Value After 10 Years
$191,497
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,102
Total Cost (Rent)$96,600
Net Difference+$76,498
Buying is cheaper by $76,498 over this period.
Market Context
Sale Listings1,207
Rent Listings904
Avg Sale $/m²$2,894/m²
Avg Rent $/m²$20/m²
This is an estimate. Consult a financial advisor before making any real estate decision.