Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $191.5k | $540/mo |
| Price-to-Rent Ratio | 29.5years of rent | |
| Monthly Payment | $968at 6.5%, 20% down | $540 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$968
Home Value After 10 Years
$257,314
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,012
Total Cost (Rent)$64,800
Net Difference+$37,788
Buying is cheaper by $37,788 over this period.
Market Context
Sale Listings266
Rent Listings102
Avg Sale $/m²$3,676/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.