Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $142.6k | $349/mo |
| Price-to-Rent Ratio | 34.0years of rent | |
| Monthly Payment | $721at 6.5%, 20% down | $349 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.9% | |
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
$721
Home Value After 10 Years
$191,585
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,112
Total Cost (Rent)$41,880
Net Difference+$21,768
Buying is cheaper by $21,768 over this period.
Market Context
Sale Listings59
Rent Listings39
Avg Sale $/m²$1,606/m²
Avg Rent $/m²$4/m²
This is an estimate. Consult a financial advisor before making any real estate decision.