Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $178.5k | $704/mo |
| Price-to-Rent Ratio | 21.1years of rent | |
| Monthly Payment | $902at 6.5%, 20% down | $704 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.7% | |
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
$902
Home Value After 10 Years
$239,857
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,179
Total Cost (Rent)$84,480
Net Difference+$59,301
Buying is cheaper by $59,301 over this period.
Market Context
Sale Listings1,197
Rent Listings352
Avg Sale $/m²$2,530/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.