Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $140.8k | $589/mo |
| Price-to-Rent Ratio | 19.9years of rent | |
| Monthly Payment | $712at 6.5%, 20% down | $589 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.0% | |
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
$712
Home Value After 10 Years
$189,276
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,869
Total Cost (Rent)$70,680
Net Difference+$50,811
Buying is cheaper by $50,811 over this period.
Market Context
Sale Listings54
Rent Listings39
Avg Sale $/m²$1,643/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.