Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $124.8k | $598/mo |
| Price-to-Rent Ratio | 17.4years of rent | |
| Monthly Payment | $631at 6.5%, 20% down | $598 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.7% | |
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
$631
Home Value After 10 Years
$167,730
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,608
Total Cost (Rent)$71,760
Net Difference+$54,152
Buying is cheaper by $54,152 over this period.
Market Context
Sale Listings22
Rent Listings16
Avg Sale $/m²$1,568/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.