Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $191.2k | $523/mo |
| Price-to-Rent Ratio | 30.5years of rent | |
| Monthly Payment | $967at 6.5%, 20% down | $523 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$967
Home Value After 10 Years
$256,890
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,967
Total Cost (Rent)$62,760
Net Difference+$35,793
Buying is cheaper by $35,793 over this period.
Market Context
Sale Listings46
Rent Listings50
Avg Sale $/m²$1,575/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.