Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $146.8k | $505/mo |
| Price-to-Rent Ratio | 24.2years of rent | |
| Monthly Payment | $742at 6.5%, 20% down | $505 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$742
Home Value After 10 Years
$197,263
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,708
Total Cost (Rent)$60,600
Net Difference+$39,892
Buying is cheaper by $39,892 over this period.
Market Context
Sale Listings154
Rent Listings107
Avg Sale $/m²$1,848/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.