Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $127.9k | $363/mo |
| Price-to-Rent Ratio | 29.4years of rent | |
| Monthly Payment | $647at 6.5%, 20% down | $363 |
| 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
$647
Home Value After 10 Years
$171,937
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$18,049
Total Cost (Rent)$43,560
Net Difference+$25,511
Buying is cheaper by $25,511 over this period.
Market Context
Sale Listings28
Rent Listings13
Avg Sale $/m²$1,450/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.