Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $181.4k | $678/mo |
| Price-to-Rent Ratio | 22.3years of rent | |
| Monthly Payment | $917at 6.5%, 20% down | $678 |
| 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
$917
Home Value After 10 Years
$243,799
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,593
Total Cost (Rent)$81,360
Net Difference+$55,767
Buying is cheaper by $55,767 over this period.
Market Context
Sale Listings73
Rent Listings56
Avg Sale $/m²$2,175/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.