Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $172.6k | $577/mo |
| Price-to-Rent Ratio | 24.9years of rent | |
| Monthly Payment | $873at 6.5%, 20% down | $577 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.0% | |
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
$873
Home Value After 10 Years
$231,938
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,348
Total Cost (Rent)$69,240
Net Difference+$44,892
Buying is cheaper by $44,892 over this period.
Market Context
Sale Listings65
Rent Listings90
Avg Sale $/m²$2,205/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.