Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $165.3k | $397/mo |
| Price-to-Rent Ratio | 34.7years of rent | |
| Monthly Payment | $836at 6.5%, 20% down | $397 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.9% | |
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
$836
Home Value After 10 Years
$222,145
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,320
Total Cost (Rent)$47,640
Net Difference+$24,320
Buying is cheaper by $24,320 over this period.
Market Context
Sale Listings29
Rent Listings34
Avg Sale $/m²$1,576/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.