Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $124.5k | $653/mo |
| Price-to-Rent Ratio | 15.9years of rent | |
| Monthly Payment | $629at 6.5%, 20% down | $653 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.3% | |
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
$629
Home Value After 10 Years
$167,289
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,561
Total Cost (Rent)$78,360
Net Difference+$60,799
Buying is cheaper by $60,799 over this period.
Market Context
Sale Listings70
Rent Listings69
Avg Sale $/m²$2,011/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.