Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $117.1k | $407/mo |
| Price-to-Rent Ratio | 24.0years of rent | |
| Monthly Payment | $592at 6.5%, 20% down | $407 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.2% | |
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
$592
Home Value After 10 Years
$157,437
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,527
Total Cost (Rent)$48,840
Net Difference+$32,313
Buying is cheaper by $32,313 over this period.
Market Context
Sale Listings24
Rent Listings15
Avg Sale $/m²$1,279/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.