Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $152.6k | $1.8k/mo |
| Price-to-Rent Ratio | 7.0years of rent | |
| Monthly Payment | $772at 6.5%, 20% down | $1.8k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 14.2% | |
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
$772
Home Value After 10 Years
$205,109
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$21,531
Total Cost (Rent)$217,080
Net Difference+$195,549
Buying is cheaper by $195,549 over this period.
Market Context
Sale Listings1,929
Rent Listings1
Avg Sale $/m²$1,754/m²
Avg Rent $/m²$29/m²
This is an estimate. Consult a financial advisor before making any real estate decision.