Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $101.7k | $340/mo |
| Price-to-Rent Ratio | 24.9years of rent | |
| Monthly Payment | $514at 6.5%, 20% down | $340 |
| 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
$514
Home Value After 10 Years
$136,733
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$14,354
Total Cost (Rent)$40,800
Net Difference+$26,446
Buying is cheaper by $26,446 over this period.
Market Context
Sale Listings622
Rent Listings129
Avg Sale $/m²$1,326/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.