Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $86.7k | $490/mo |
| Price-to-Rent Ratio | 14.7years of rent | |
| Monthly Payment | $438at 6.5%, 20% down | $490 |
| 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
$438
Home Value After 10 Years
$116,530
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$12,233
Total Cost (Rent)$58,800
Net Difference+$46,567
Buying is cheaper by $46,567 over this period.
Market Context
Sale Listings5,342
Rent Listings2,512
Avg Sale $/m²$1,181/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.