Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $163.0k | $452/mo |
| Price-to-Rent Ratio | 30.1years of rent | |
| Monthly Payment | $824at 6.5%, 20% down | $452 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$824
Home Value After 10 Years
$219,049
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,995
Total Cost (Rent)$54,240
Net Difference+$31,245
Buying is cheaper by $31,245 over this period.
Market Context
Sale Listings9
Rent Listings6
Avg Sale $/m²$1,603/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.