Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $116.7k | $390/mo |
| Price-to-Rent Ratio | 24.9years of rent | |
| Monthly Payment | $590at 6.5%, 20% down | $390 |
| 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
$590
Home Value After 10 Years
$156,894
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,470
Total Cost (Rent)$46,800
Net Difference+$30,330
Buying is cheaper by $30,330 over this period.
Market Context
Sale Listings84
Rent Listings109
Avg Sale $/m²$1,797/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.