Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $162.5k | $344/mo |
| Price-to-Rent Ratio | 39.4years of rent | |
| Monthly Payment | $822at 6.5%, 20% down | $344 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.5% | |
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
$822
Home Value After 10 Years
$218,360
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,922
Total Cost (Rent)$41,280
Net Difference+$18,358
Buying is cheaper by $18,358 over this period.
Market Context
Sale Listings549
Rent Listings456
Avg Sale $/m²$1,702/m²
Avg Rent $/m²$4/m²
This is an estimate. Consult a financial advisor before making any real estate decision.