Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $160.1k | $929/mo |
| Price-to-Rent Ratio | 14.4years of rent | |
| Monthly Payment | $810at 6.5%, 20% down | $929 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.0% | |
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
$810
Home Value After 10 Years
$215,150
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,585
Total Cost (Rent)$111,480
Net Difference+$88,895
Buying is cheaper by $88,895 over this period.
Market Context
Sale Listings50
Rent Listings6
Avg Sale $/m²$1,323/m²
Avg Rent $/m²$65/m²
This is an estimate. Consult a financial advisor before making any real estate decision.