Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $139.8k | $359/mo |
| Price-to-Rent Ratio | 32.5years of rent | |
| Monthly Payment | $707at 6.5%, 20% down | $359 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.1% | |
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
$707
Home Value After 10 Years
$187,914
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,726
Total Cost (Rent)$43,080
Net Difference+$23,354
Buying is cheaper by $23,354 over this period.
Market Context
Sale Listings17
Rent Listings14
Avg Sale $/m²$1,337/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.