Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $131.5k | $379/mo |
| Price-to-Rent Ratio | 28.9years of rent | |
| Monthly Payment | $665at 6.5%, 20% down | $379 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$665
Home Value After 10 Years
$176,757
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$18,555
Total Cost (Rent)$45,480
Net Difference+$26,925
Buying is cheaper by $26,925 over this period.
Market Context
Sale Listings27
Rent Listings30
Avg Sale $/m²$1,254/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.