Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $122.2k | $656/mo |
| Price-to-Rent Ratio | 15.5years of rent | |
| Monthly Payment | $618at 6.5%, 20% down | $656 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.4% | |
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
$618
Home Value After 10 Years
$164,257
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,243
Total Cost (Rent)$78,720
Net Difference+$61,477
Buying is cheaper by $61,477 over this period.
Market Context
Sale Listings1,230
Rent Listings1,264
Avg Sale $/m²$3,883/m²
Avg Rent $/m²$26/m²
This is an estimate. Consult a financial advisor before making any real estate decision.