Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $189.3k | $566/mo |
| Price-to-Rent Ratio | 27.9years of rent | |
| Monthly Payment | $957at 6.5%, 20% down | $566 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.6% | |
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
$957
Home Value After 10 Years
$254,371
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,703
Total Cost (Rent)$67,920
Net Difference+$41,217
Buying is cheaper by $41,217 over this period.
Market Context
Sale Listings22
Rent Listings21
Avg Sale $/m²$1,853/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.