Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $143.2k | $507/mo |
| Price-to-Rent Ratio | 23.5years of rent | |
| Monthly Payment | $724at 6.5%, 20% down | $507 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.2% | |
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
$724
Home Value After 10 Years
$192,418
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,199
Total Cost (Rent)$60,840
Net Difference+$40,641
Buying is cheaper by $40,641 over this period.
Market Context
Sale Listings471
Rent Listings132
Avg Sale $/m²$1,303/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.