Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $108.3k | $406/mo |
| Price-to-Rent Ratio | 22.2years of rent | |
| Monthly Payment | $548at 6.5%, 20% down | $406 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.5% | |
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
$548
Home Value After 10 Years
$145,566
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,281
Total Cost (Rent)$48,720
Net Difference+$33,439
Buying is cheaper by $33,439 over this period.
Market Context
Sale Listings68
Rent Listings27
Avg Sale $/m²$1,574/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.