Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $171.0k | $468/mo |
| Price-to-Rent Ratio | 30.5years of rent | |
| Monthly Payment | $865at 6.5%, 20% down | $468 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$865
Home Value After 10 Years
$229,847
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,128
Total Cost (Rent)$56,160
Net Difference+$32,032
Buying is cheaper by $32,032 over this period.
Market Context
Sale Listings37
Rent Listings28
Avg Sale $/m²$1,712/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.