Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $142.2k | $467/mo |
| Price-to-Rent Ratio | 25.4years of rent | |
| Monthly Payment | $719at 6.5%, 20% down | $467 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.9% | |
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
$719
Home Value After 10 Years
$191,091
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,060
Total Cost (Rent)$56,040
Net Difference+$35,980
Buying is cheaper by $35,980 over this period.
Market Context
Sale Listings36
Rent Listings32
Avg Sale $/m²$1,395/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.