Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $155.7k | $161/mo |
| Price-to-Rent Ratio | 80.6years of rent | |
| Monthly Payment | $787at 6.5%, 20% down | $161 |
| Break-Even Horizon | 12 years | |
| Est. Buy-to-Let ROI | 1.2% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Rent is better
10 years
Monthly Mortgage
$787
Home Value After 10 Years
$209,273
Break-Even
12 years
Cost Comparison After 10 Years
Total Cost (Buy)$21,969
Total Cost (Rent)$19,320
Net Difference$-2,649
Renting is cheaper by $2,649 over this period.
Market Context
Sale Listings168
Rent Listings15
Avg Sale $/m²$2,116/m²
Avg Rent $/m²$4/m²
This is an estimate. Consult a financial advisor before making any real estate decision.