Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $172.3k | $428/mo |
| Price-to-Rent Ratio | 33.6years of rent | |
| Monthly Payment | $871at 6.5%, 20% down | $428 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.0% | |
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
$871
Home Value After 10 Years
$231,578
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,310
Total Cost (Rent)$51,360
Net Difference+$27,050
Buying is cheaper by $27,050 over this period.
Market Context
Sale Listings29
Rent Listings32
Avg Sale $/m²$1,059/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.