Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $191.1k | $679/mo |
| Price-to-Rent Ratio | 23.5years of rent | |
| Monthly Payment | $966at 6.5%, 20% down | $679 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$966
Home Value After 10 Years
$256,797
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,957
Total Cost (Rent)$81,480
Net Difference+$54,523
Buying is cheaper by $54,523 over this period.
Market Context
Sale Listings77
Rent Listings77
Avg Sale $/m²$2,864/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.