Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $179.2k | $511/mo |
| Price-to-Rent Ratio | 29.2years of rent | |
| Monthly Payment | $906at 6.5%, 20% down | $511 |
| 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
$906
Home Value After 10 Years
$240,811
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,279
Total Cost (Rent)$61,320
Net Difference+$36,041
Buying is cheaper by $36,041 over this period.
Market Context
Sale Listings21
Rent Listings16
Avg Sale $/m²$1,871/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.