Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $164.7k | $475/mo |
| Price-to-Rent Ratio | 28.9years of rent | |
| Monthly Payment | $833at 6.5%, 20% down | $475 |
| 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
$833
Home Value After 10 Years
$221,395
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,241
Total Cost (Rent)$57,000
Net Difference+$33,759
Buying is cheaper by $33,759 over this period.
Market Context
Sale Listings91
Rent Listings71
Avg Sale $/m²$2,058/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.