Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $161.6k | $675/mo |
| Price-to-Rent Ratio | 19.9years of rent | |
| Monthly Payment | $817at 6.5%, 20% down | $675 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.0% | |
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
$817
Home Value After 10 Years
$217,122
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,792
Total Cost (Rent)$81,000
Net Difference+$58,208
Buying is cheaper by $58,208 over this period.
Market Context
Sale Listings988
Rent Listings247
Avg Sale $/m²$1,626/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.