Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $136.7k | $480/mo |
| Price-to-Rent Ratio | 23.7years of rent | |
| Monthly Payment | $691at 6.5%, 20% down | $480 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.2% | |
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
$691
Home Value After 10 Years
$183,646
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,278
Total Cost (Rent)$57,600
Net Difference+$38,322
Buying is cheaper by $38,322 over this period.
Market Context
Sale Listings98
Rent Listings109
Avg Sale $/m²$1,935/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.