Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $171.5k | $543/mo |
| Price-to-Rent Ratio | 26.3years of rent | |
| Monthly Payment | $867at 6.5%, 20% down | $543 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$867
Home Value After 10 Years
$230,517
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,199
Total Cost (Rent)$65,160
Net Difference+$40,961
Buying is cheaper by $40,961 over this period.
Market Context
Sale Listings47
Rent Listings79
Avg Sale $/m²$2,199/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.