Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $127.6k | $502/mo |
| Price-to-Rent Ratio | 21.2years of rent | |
| Monthly Payment | $645at 6.5%, 20% down | $502 |
| 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
$645
Home Value After 10 Years
$171,461
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,999
Total Cost (Rent)$60,240
Net Difference+$42,241
Buying is cheaper by $42,241 over this period.
Market Context
Sale Listings999
Rent Listings730
Avg Sale $/m²$1,705/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.