Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $197.4k | $609/mo |
| Price-to-Rent Ratio | 27.0years of rent | |
| Monthly Payment | $998at 6.5%, 20% down | $609 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.7% | |
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
$998
Home Value After 10 Years
$265,313
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,851
Total Cost (Rent)$73,080
Net Difference+$45,229
Buying is cheaper by $45,229 over this period.
Market Context
Sale Listings64
Rent Listings32
Avg Sale $/m²$3,576/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.