Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $95.0k | $367/mo |
| Price-to-Rent Ratio | 21.6years of rent | |
| Monthly Payment | $480at 6.5%, 20% down | $367 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$480
Home Value After 10 Years
$127,699
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$13,405
Total Cost (Rent)$44,040
Net Difference+$30,635
Buying is cheaper by $30,635 over this period.
Market Context
Sale Listings368
Rent Listings350
Avg Sale $/m²$1,131/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.