Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $151.2k | $1.2k/mo |
| Price-to-Rent Ratio | 10.8years of rent | |
| Monthly Payment | $764at 6.5%, 20% down | $1.2k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 9.3% | |
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
$764
Home Value After 10 Years
$203,142
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$21,325
Total Cost (Rent)$140,520
Net Difference+$119,195
Buying is cheaper by $119,195 over this period.
Market Context
Sale Listings727
Rent Listings233
Avg Sale $/m²$1,166/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.