Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $166.9k | $543/mo |
| Price-to-Rent Ratio | 25.6years of rent | |
| Monthly Payment | $844at 6.5%, 20% down | $543 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.9% | |
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
$844
Home Value After 10 Years
$224,294
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,545
Total Cost (Rent)$65,160
Net Difference+$41,615
Buying is cheaper by $41,615 over this period.
Market Context
Sale Listings452
Rent Listings247
Avg Sale $/m²$1,405/m²
Avg Rent $/m²$18/m²
This is an estimate. Consult a financial advisor before making any real estate decision.