Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $180.8k | $594/mo |
| Price-to-Rent Ratio | 25.4years of rent | |
| Monthly Payment | $914at 6.5%, 20% down | $594 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.9% | |
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
$914
Home Value After 10 Years
$242,963
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,505
Total Cost (Rent)$71,280
Net Difference+$45,775
Buying is cheaper by $45,775 over this period.
Market Context
Sale Listings98
Rent Listings71
Avg Sale $/m²$2,666/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.