Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $183.0k | $896/mo |
| Price-to-Rent Ratio | 17.0years of rent | |
| Monthly Payment | $925at 6.5%, 20% down | $896 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.9% | |
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
$925
Home Value After 10 Years
$245,956
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,819
Total Cost (Rent)$107,520
Net Difference+$81,701
Buying is cheaper by $81,701 over this period.
Market Context
Sale Listings989
Rent Listings227
Avg Sale $/m²$1,416/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.