Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $145.9k | $444/mo |
| Price-to-Rent Ratio | 27.4years of rent | |
| Monthly Payment | $738at 6.5%, 20% down | $444 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.7% | |
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
$738
Home Value After 10 Years
$196,038
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,579
Total Cost (Rent)$53,280
Net Difference+$32,701
Buying is cheaper by $32,701 over this period.
Market Context
Sale Listings75
Rent Listings64
Avg Sale $/m²$1,842/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.