Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $139.4k | $551/mo |
| Price-to-Rent Ratio | 21.1years of rent | |
| Monthly Payment | $705at 6.5%, 20% down | $551 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.7% | |
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
$705
Home Value After 10 Years
$187,287
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,660
Total Cost (Rent)$66,120
Net Difference+$46,460
Buying is cheaper by $46,460 over this period.
Market Context
Sale Listings68
Rent Listings6
Avg Sale $/m²$1,352/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.