Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $121.8k | $382/mo |
| Price-to-Rent Ratio | 26.6years of rent | |
| Monthly Payment | $616at 6.5%, 20% down | $382 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$616
Home Value After 10 Years
$163,674
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,182
Total Cost (Rent)$45,840
Net Difference+$28,658
Buying is cheaper by $28,658 over this period.
Market Context
Sale Listings9
Rent Listings11
Avg Sale $/m²$1,623/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.