Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $121.6k | $473/mo |
| Price-to-Rent Ratio | 21.4years of rent | |
| Monthly Payment | $615at 6.5%, 20% down | $473 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.7% | |
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
$615
Home Value After 10 Years
$163,384
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,151
Total Cost (Rent)$56,760
Net Difference+$39,609
Buying is cheaper by $39,609 over this period.
Market Context
Sale Listings138
Rent Listings109
Avg Sale $/m²$1,597/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.