Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $145.4k | $506/mo |
| Price-to-Rent Ratio | 23.9years of rent | |
| Monthly Payment | $735at 6.5%, 20% down | $506 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.2% | |
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
$735
Home Value After 10 Years
$195,350
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,507
Total Cost (Rent)$60,720
Net Difference+$40,213
Buying is cheaper by $40,213 over this period.
Market Context
Sale Listings105
Rent Listings77
Avg Sale $/m²$2,306/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.