Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $125.3k | $171/mo |
| Price-to-Rent Ratio | 61.1years of rent | |
| Monthly Payment | $634at 6.5%, 20% down | $171 |
| Break-Even Horizon | 8 years | |
| Est. Buy-to-Let ROI | 1.6% | |
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
$634
Home Value After 10 Years
$168,459
Break-Even
8 years
Cost Comparison After 10 Years
Total Cost (Buy)$17,684
Total Cost (Rent)$20,520
Net Difference+$2,836
Buying is cheaper by $2,836 over this period.
Market Context
Sale Listings54
Rent Listings9
Avg Sale $/m²$756/m²
Avg Rent $/m²$3/m²
This is an estimate. Consult a financial advisor before making any real estate decision.