Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $96.8k | $389/mo |
| Price-to-Rent Ratio | 20.7years of rent | |
| Monthly Payment | $489at 6.5%, 20% down | $389 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.8% | |
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
$489
Home Value After 10 Years
$130,094
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$13,657
Total Cost (Rent)$46,680
Net Difference+$33,023
Buying is cheaper by $33,023 over this period.
Market Context
Sale Listings30
Rent Listings22
Avg Sale $/m²$1,474/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.