Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $145.0k | $480/mo |
| Price-to-Rent Ratio | 25.2years of rent | |
| Monthly Payment | $733at 6.5%, 20% down | $480 |
| 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
$733
Home Value After 10 Years
$194,819
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,451
Total Cost (Rent)$57,600
Net Difference+$37,149
Buying is cheaper by $37,149 over this period.
Market Context
Sale Listings41
Rent Listings62
Avg Sale $/m²$1,865/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.