Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $130.7k | $424/mo |
| Price-to-Rent Ratio | 25.7years of rent | |
| Monthly Payment | $661at 6.5%, 20% down | $424 |
| 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
$661
Home Value After 10 Years
$175,671
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$18,441
Total Cost (Rent)$50,880
Net Difference+$32,439
Buying is cheaper by $32,439 over this period.
Market Context
Sale Listings46
Rent Listings48
Avg Sale $/m²$1,416/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.