Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $190.0k | $552/mo |
| Price-to-Rent Ratio | 28.7years of rent | |
| Monthly Payment | $961at 6.5%, 20% down | $552 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$961
Home Value After 10 Years
$255,324
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,803
Total Cost (Rent)$66,240
Net Difference+$39,437
Buying is cheaper by $39,437 over this period.
Market Context
Sale Listings168
Rent Listings146
Avg Sale $/m²$1,391/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.