Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $165.1k | $495/mo |
| Price-to-Rent Ratio | 27.8years of rent | |
| Monthly Payment | $835at 6.5%, 20% down | $495 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.6% | |
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
$835
Home Value After 10 Years
$221,844
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,288
Total Cost (Rent)$59,400
Net Difference+$36,112
Buying is cheaper by $36,112 over this period.
Market Context
Sale Listings186
Rent Listings46
Avg Sale $/m²$1,225/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.