Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $190.8k | $419/mo |
| Price-to-Rent Ratio | 38.0years of rent | |
| Monthly Payment | $965at 6.5%, 20% down | $419 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.6% | |
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
$965
Home Value After 10 Years
$256,460
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,922
Total Cost (Rent)$50,280
Net Difference+$23,358
Buying is cheaper by $23,358 over this period.
Market Context
Sale Listings16
Rent Listings32
Avg Sale $/m²$1,740/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.