Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $159.4k | $713/mo |
| Price-to-Rent Ratio | 18.6years of rent | |
| Monthly Payment | $806at 6.5%, 20% down | $713 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.4% | |
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
$806
Home Value After 10 Years
$214,247
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,491
Total Cost (Rent)$85,560
Net Difference+$63,069
Buying is cheaper by $63,069 over this period.
Market Context
Sale Listings39
Rent Listings46
Avg Sale $/m²$2,205/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.