Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $158.7k | $721/mo |
| Price-to-Rent Ratio | 18.3years of rent | |
| Monthly Payment | $803at 6.5%, 20% down | $721 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.5% | |
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
$803
Home Value After 10 Years
$213,345
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,396
Total Cost (Rent)$86,520
Net Difference+$64,124
Buying is cheaper by $64,124 over this period.
Market Context
Sale Listings50
Rent Listings28
Avg Sale $/m²$1,845/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.