Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $144.9k | $441/mo |
| Price-to-Rent Ratio | 27.4years of rent | |
| Monthly Payment | $733at 6.5%, 20% down | $441 |
| 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
$733
Home Value After 10 Years
$194,798
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,449
Total Cost (Rent)$52,920
Net Difference+$32,471
Buying is cheaper by $32,471 over this period.
Market Context
Sale Listings109
Rent Listings117
Avg Sale $/m²$1,844/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.