Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $150.5k | $421/mo |
| Price-to-Rent Ratio | 29.8years of rent | |
| Monthly Payment | $761at 6.5%, 20% down | $421 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$761
Home Value After 10 Years
$202,258
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$21,232
Total Cost (Rent)$50,520
Net Difference+$29,288
Buying is cheaper by $29,288 over this period.
Market Context
Sale Listings63
Rent Listings62
Avg Sale $/m²$1,572/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.