Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $177.8k | $630/mo |
| Price-to-Rent Ratio | 23.5years of rent | |
| Monthly Payment | $899at 6.5%, 20% down | $630 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$899
Home Value After 10 Years
$238,899
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,078
Total Cost (Rent)$75,600
Net Difference+$50,522
Buying is cheaper by $50,522 over this period.
Market Context
Sale Listings1,258
Rent Listings1,934
Avg Sale $/m²$2,765/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.