Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $161.9k | $508/mo |
| Price-to-Rent Ratio | 26.6years of rent | |
| Monthly Payment | $819at 6.5%, 20% down | $508 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$819
Home Value After 10 Years
$217,612
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,844
Total Cost (Rent)$60,960
Net Difference+$38,116
Buying is cheaper by $38,116 over this period.
Market Context
Sale Listings32
Rent Listings6
Avg Sale $/m²$1,562/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.