Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $146.3k | $1.8k/mo |
| Price-to-Rent Ratio | 6.8years of rent | |
| Monthly Payment | $740at 6.5%, 20% down | $1.8k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 14.8% | |
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
$740
Home Value After 10 Years
$196,657
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,644
Total Cost (Rent)$216,600
Net Difference+$195,956
Buying is cheaper by $195,956 over this period.
Market Context
Sale Listings247
Rent Listings61
Avg Sale $/m²$2,147/m²
Avg Rent $/m²$26/m²
This is an estimate. Consult a financial advisor before making any real estate decision.