Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $179.9k | $722/mo |
| Price-to-Rent Ratio | 20.8years of rent | |
| Monthly Payment | $909at 6.5%, 20% down | $722 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.8% | |
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
$909
Home Value After 10 Years
$241,709
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,373
Total Cost (Rent)$86,640
Net Difference+$61,267
Buying is cheaper by $61,267 over this period.
Market Context
Sale Listings1,212
Rent Listings553
Avg Sale $/m²$2,951/m²
Avg Rent $/m²$19/m²
This is an estimate. Consult a financial advisor before making any real estate decision.