Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $187.1k | $621/mo |
| Price-to-Rent Ratio | 25.1years of rent | |
| Monthly Payment | $946at 6.5%, 20% down | $621 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.0% | |
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
$946
Home Value After 10 Years
$251,459
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,397
Total Cost (Rent)$74,520
Net Difference+$48,123
Buying is cheaper by $48,123 over this period.
Market Context
Sale Listings267
Rent Listings60
Avg Sale $/m²$2,394/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.