Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $108.7k | $510/mo |
| Price-to-Rent Ratio | 17.8years of rent | |
| Monthly Payment | $549at 6.5%, 20% down | $510 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.6% | |
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
$549
Home Value After 10 Years
$146,039
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,331
Total Cost (Rent)$61,200
Net Difference+$45,869
Buying is cheaper by $45,869 over this period.
Market Context
Sale Listings2,709
Rent Listings991
Avg Sale $/m²$1,457/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.