Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $153.9k | $414/mo |
| Price-to-Rent Ratio | 31.0years of rent | |
| Monthly Payment | $778at 6.5%, 20% down | $414 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$778
Home Value After 10 Years
$206,774
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$21,706
Total Cost (Rent)$49,680
Net Difference+$27,974
Buying is cheaper by $27,974 over this period.
Market Context
Sale Listings540
Rent Listings89
Avg Sale $/m²$1,391/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.