Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $185.8k | $570/mo |
| Price-to-Rent Ratio | 27.2years of rent | |
| Monthly Payment | $940at 6.5%, 20% down | $570 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.7% | |
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
$940
Home Value After 10 Years
$249,714
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,214
Total Cost (Rent)$68,400
Net Difference+$42,186
Buying is cheaper by $42,186 over this period.
Market Context
Sale Listings19
Rent Listings7
Avg Sale $/m²$1,612/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.