Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $184.4k | $553/mo |
| Price-to-Rent Ratio | 27.8years of rent | |
| Monthly Payment | $932at 6.5%, 20% down | $553 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.6% | |
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
$932
Home Value After 10 Years
$247,763
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,009
Total Cost (Rent)$66,360
Net Difference+$40,351
Buying is cheaper by $40,351 over this period.
Market Context
Sale Listings36
Rent Listings20
Avg Sale $/m²$2,558/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.