Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $180.7k | $640/mo |
| Price-to-Rent Ratio | 23.5years of rent | |
| Monthly Payment | $913at 6.5%, 20% down | $640 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$913
Home Value After 10 Years
$242,781
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,486
Total Cost (Rent)$76,800
Net Difference+$51,314
Buying is cheaper by $51,314 over this period.
Market Context
Sale Listings186
Rent Listings182
Avg Sale $/m²$2,784/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.