Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $149.3k | $508/mo |
| Price-to-Rent Ratio | 24.5years of rent | |
| Monthly Payment | $755at 6.5%, 20% down | $508 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$755
Home Value After 10 Years
$200,623
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$21,060
Total Cost (Rent)$60,960
Net Difference+$39,900
Buying is cheaper by $39,900 over this period.
Market Context
Sale Listings43
Rent Listings58
Avg Sale $/m²$1,829/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.