Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $164.4k | $290/mo |
| Price-to-Rent Ratio | 47.2years of rent | |
| Monthly Payment | $831at 6.5%, 20% down | $290 |
| Break-Even Horizon | 2 years | |
| Est. Buy-to-Let ROI | 2.1% | |
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
$831
Home Value After 10 Years
$220,917
Break-Even
2 years
Cost Comparison After 10 Years
Total Cost (Buy)$23,191
Total Cost (Rent)$34,800
Net Difference+$11,609
Buying is cheaper by $11,609 over this period.
Market Context
Sale Listings22
Rent Listings21
Avg Sale $/m²$1,209/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.