Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $128.0k | $283/mo |
| Price-to-Rent Ratio | 37.7years of rent | |
| Monthly Payment | $647at 6.5%, 20% down | $283 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$647
Home Value After 10 Years
$172,015
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$18,057
Total Cost (Rent)$33,960
Net Difference+$15,903
Buying is cheaper by $15,903 over this period.
Market Context
Sale Listings13
Rent Listings9
Avg Sale $/m²$1,038/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.