Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $187.4k | $737/mo |
| Price-to-Rent Ratio | 21.2years of rent | |
| Monthly Payment | $948at 6.5%, 20% down | $737 |
| 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
$948
Home Value After 10 Years
$251,886
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,442
Total Cost (Rent)$88,440
Net Difference+$61,998
Buying is cheaper by $61,998 over this period.
Market Context
Sale Listings125
Rent Listings47
Avg Sale $/m²$2,099/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.