Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $139.1k | $570/mo |
| Price-to-Rent Ratio | 20.3years of rent | |
| Monthly Payment | $703at 6.5%, 20% down | $570 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.9% | |
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
$703
Home Value After 10 Years
$186,913
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,621
Total Cost (Rent)$68,400
Net Difference+$48,779
Buying is cheaper by $48,779 over this period.
Market Context
Sale Listings38
Rent Listings10
Avg Sale $/m²$1,871/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.