Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $98.1k | $317/mo |
| Price-to-Rent Ratio | 25.8years of rent | |
| Monthly Payment | $496at 6.5%, 20% down | $317 |
| 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
$496
Home Value After 10 Years
$131,784
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$13,834
Total Cost (Rent)$38,040
Net Difference+$24,206
Buying is cheaper by $24,206 over this period.
Market Context
Sale Listings23
Rent Listings13
Avg Sale $/m²$1,361/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.