Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $175.0k | $462/mo |
| Price-to-Rent Ratio | 31.6years of rent | |
| Monthly Payment | $885at 6.5%, 20% down | $462 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$885
Home Value After 10 Years
$235,234
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,694
Total Cost (Rent)$55,440
Net Difference+$30,746
Buying is cheaper by $30,746 over this period.
Market Context
Sale Listings338
Rent Listings350
Avg Sale $/m²$2,138/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.