Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $137.6k | $356/mo |
| Price-to-Rent Ratio | 32.2years of rent | |
| Monthly Payment | $696at 6.5%, 20% down | $356 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.1% | |
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
$696
Home Value After 10 Years
$184,924
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,412
Total Cost (Rent)$42,720
Net Difference+$23,308
Buying is cheaper by $23,308 over this period.
Market Context
Sale Listings24
Rent Listings9
Avg Sale $/m²$1,744/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.