Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $133.9k | $497/mo |
| Price-to-Rent Ratio | 22.4years of rent | |
| Monthly Payment | $677at 6.5%, 20% down | $497 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.5% | |
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
$677
Home Value After 10 Years
$179,934
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$18,889
Total Cost (Rent)$59,640
Net Difference+$40,751
Buying is cheaper by $40,751 over this period.
Market Context
Sale Listings14
Rent Listings15
Avg Sale $/m²$1,488/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.