Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $116.5k | $441/mo |
| Price-to-Rent Ratio | 22.0years of rent | |
| Monthly Payment | $589at 6.5%, 20% down | $441 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.5% | |
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
$589
Home Value After 10 Years
$156,553
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,434
Total Cost (Rent)$52,920
Net Difference+$36,486
Buying is cheaper by $36,486 over this period.
Market Context
Sale Listings288
Rent Listings250
Avg Sale $/m²$1,907/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.