Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $162.2k | $672/mo |
| Price-to-Rent Ratio | 20.1years of rent | |
| Monthly Payment | $820at 6.5%, 20% down | $672 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.0% | |
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
$820
Home Value After 10 Years
$218,009
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,886
Total Cost (Rent)$80,640
Net Difference+$57,754
Buying is cheaper by $57,754 over this period.
Market Context
Sale Listings35
Rent Listings34
Avg Sale $/m²$1,823/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.