Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $82.2k | $613/mo |
| Price-to-Rent Ratio | 11.2years of rent | |
| Monthly Payment | $416at 6.5%, 20% down | $613 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 8.9% | |
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
$416
Home Value After 10 Years
$110,501
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$11,600
Total Cost (Rent)$73,560
Net Difference+$61,960
Buying is cheaper by $61,960 over this period.
Market Context
Sale Listings41
Rent Listings35
Avg Sale $/m²$1,270/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.