Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $193.0k | $604/mo |
| Price-to-Rent Ratio | 26.6years of rent | |
| Monthly Payment | $976at 6.5%, 20% down | $604 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$976
Home Value After 10 Years
$259,418
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,232
Total Cost (Rent)$72,480
Net Difference+$45,248
Buying is cheaper by $45,248 over this period.
Market Context
Sale Listings230
Rent Listings197
Avg Sale $/m²$2,459/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.