Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $156.7k | $516/mo |
| Price-to-Rent Ratio | 25.3years of rent | |
| Monthly Payment | $793at 6.5%, 20% down | $516 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.0% | |
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
$793
Home Value After 10 Years
$210,631
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,111
Total Cost (Rent)$61,920
Net Difference+$39,809
Buying is cheaper by $39,809 over this period.
Market Context
Sale Listings109
Rent Listings94
Avg Sale $/m²$2,330/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.