Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $171.8k | $766/mo |
| Price-to-Rent Ratio | 18.7years of rent | |
| Monthly Payment | $869at 6.5%, 20% down | $766 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.4% | |
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
$869
Home Value After 10 Years
$230,893
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,238
Total Cost (Rent)$91,920
Net Difference+$67,682
Buying is cheaper by $67,682 over this period.
Market Context
Sale Listings39
Rent Listings20
Avg Sale $/m²$2,209/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.