Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $206.7k | $468/mo |
| Price-to-Rent Ratio | 36.8years of rent | |
| Monthly Payment | $1.0kat 6.5%, 20% down | $468 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$1,045
Home Value After 10 Years
$277,833
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$29,166
Total Cost (Rent)$56,160
Net Difference+$26,994
Buying is cheaper by $26,994 over this period.
Market Context
Sale Listings19
Rent Listings6
Avg Sale $/m²$1,455/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.