Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $83.6k | $536/mo |
| Price-to-Rent Ratio | 13.0years of rent | |
| Monthly Payment | $423at 6.5%, 20% down | $536 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.7% | |
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
$423
Home Value After 10 Years
$112,342
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$11,793
Total Cost (Rent)$64,320
Net Difference+$52,527
Buying is cheaper by $52,527 over this period.
Market Context
Sale Listings965
Rent Listings591
Avg Sale $/m²$1,342/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.