Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $137.4k | $447/mo |
| Price-to-Rent Ratio | 25.6years of rent | |
| Monthly Payment | $695at 6.5%, 20% down | $447 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.9% | |
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
$695
Home Value After 10 Years
$184,612
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,380
Total Cost (Rent)$53,640
Net Difference+$34,260
Buying is cheaper by $34,260 over this period.
Market Context
Sale Listings34
Rent Listings31
Avg Sale $/m²$1,715/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.