Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $177.2k | $346/mo |
| Price-to-Rent Ratio | 42.7years of rent | |
| Monthly Payment | $896at 6.5%, 20% down | $346 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.3% | |
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
$896
Home Value After 10 Years
$238,090
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,994
Total Cost (Rent)$41,520
Net Difference+$16,526
Buying is cheaper by $16,526 over this period.
Market Context
Sale Listings18
Rent Listings24
Avg Sale $/m²$1,683/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.