Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $136.7k | $404/mo |
| Price-to-Rent Ratio | 28.2years of rent | |
| Monthly Payment | $691at 6.5%, 20% down | $404 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$691
Home Value After 10 Years
$183,704
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,284
Total Cost (Rent)$48,480
Net Difference+$29,196
Buying is cheaper by $29,196 over this period.
Market Context
Sale Listings27
Rent Listings22
Avg Sale $/m²$1,634/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.