Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $171.8k | $703/mo |
| Price-to-Rent Ratio | 20.4years of rent | |
| Monthly Payment | $869at 6.5%, 20% down | $703 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.9% | |
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
$869
Home Value After 10 Years
$230,847
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,233
Total Cost (Rent)$84,360
Net Difference+$60,127
Buying is cheaper by $60,127 over this period.
Market Context
Sale Listings25
Rent Listings11
Avg Sale $/m²$1,367/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.