Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $111.4k | $408/mo |
| Price-to-Rent Ratio | 22.7years of rent | |
| Monthly Payment | $563at 6.5%, 20% down | $408 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.4% | |
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
$563
Home Value After 10 Years
$149,679
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,713
Total Cost (Rent)$48,960
Net Difference+$33,247
Buying is cheaper by $33,247 over this period.
Market Context
Sale Listings51
Rent Listings27
Avg Sale $/m²$1,662/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.