Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $168.8k | $1.4k/mo |
| Price-to-Rent Ratio | 9.8years of rent | |
| Monthly Payment | $853at 6.5%, 20% down | $1.4k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 10.2% | |
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
$853
Home Value After 10 Years
$226,834
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,812
Total Cost (Rent)$172,920
Net Difference+$149,108
Buying is cheaper by $149,108 over this period.
Market Context
Sale Listings1,222
Rent Listings862
Avg Sale $/m²$5,946/m²
Avg Rent $/m²$34/m²
This is an estimate. Consult a financial advisor before making any real estate decision.