Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $193.9k | $1.1k/mo |
| Price-to-Rent Ratio | 15.3years of rent | |
| Monthly Payment | $981at 6.5%, 20% down | $1.1k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.5% | |
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
$981
Home Value After 10 Years
$260,620
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,359
Total Cost (Rent)$126,720
Net Difference+$99,361
Buying is cheaper by $99,361 over this period.
Market Context
Sale Listings3
Rent Listings100
Avg Sale $/m²$2,470/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.