Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $162.9k | $627/mo |
| Price-to-Rent Ratio | 21.7years of rent | |
| Monthly Payment | $824at 6.5%, 20% down | $627 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$824
Home Value After 10 Years
$218,935
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,983
Total Cost (Rent)$75,240
Net Difference+$52,257
Buying is cheaper by $52,257 over this period.
Market Context
Sale Listings35
Rent Listings8
Avg Sale $/m²$1,590/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.