Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $178.3k | $600/mo |
| Price-to-Rent Ratio | 24.8years of rent | |
| Monthly Payment | $902at 6.5%, 20% down | $600 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.0% | |
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
$902
Home Value After 10 Years
$239,649
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,157
Total Cost (Rent)$72,000
Net Difference+$46,843
Buying is cheaper by $46,843 over this period.
Market Context
Sale Listings185
Rent Listings86
Avg Sale $/m²$1,722/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.