Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $116.9k | $336/mo |
| Price-to-Rent Ratio | 29.0years of rent | |
| Monthly Payment | $591at 6.5%, 20% down | $336 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$591
Home Value After 10 Years
$157,104
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,492
Total Cost (Rent)$40,320
Net Difference+$23,828
Buying is cheaper by $23,828 over this period.
Market Context
Sale Listings13
Rent Listings14
Avg Sale $/m²$1,633/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.