Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $96.2k | $353/mo |
| Price-to-Rent Ratio | 22.7years of rent | |
| Monthly Payment | $487at 6.5%, 20% down | $353 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.4% | |
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
$487
Home Value After 10 Years
$129,347
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$13,578
Total Cost (Rent)$42,360
Net Difference+$28,782
Buying is cheaper by $28,782 over this period.
Market Context
Sale Listings15
Rent Listings16
Avg Sale $/m²$1,638/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.