Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $115.1k | $364/mo |
| Price-to-Rent Ratio | 26.4years of rent | |
| Monthly Payment | $582at 6.5%, 20% down | $364 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$582
Home Value After 10 Years
$154,714
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,241
Total Cost (Rent)$43,680
Net Difference+$27,439
Buying is cheaper by $27,439 over this period.
Market Context
Sale Listings17
Rent Listings15
Avg Sale $/m²$1,230/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.