Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $155.0k | $503/mo |
| Price-to-Rent Ratio | 25.7years of rent | |
| Monthly Payment | $784at 6.5%, 20% down | $503 |
| 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
$784
Home Value After 10 Years
$208,326
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$21,869
Total Cost (Rent)$60,360
Net Difference+$38,491
Buying is cheaper by $38,491 over this period.
Market Context
Sale Listings41
Rent Listings51
Avg Sale $/m²$1,651/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.