Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $175.5k | $464/mo |
| Price-to-Rent Ratio | 31.5years of rent | |
| Monthly Payment | $888at 6.5%, 20% down | $464 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$888
Home Value After 10 Years
$235,891
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,763
Total Cost (Rent)$55,680
Net Difference+$30,917
Buying is cheaper by $30,917 over this period.
Market Context
Sale Listings49
Rent Listings56
Avg Sale $/m²$1,689/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.