Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $75.3k | $1.0k/mo |
| Price-to-Rent Ratio | 6.2years of rent | |
| Monthly Payment | $381at 6.5%, 20% down | $1.0k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 16.0% | |
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
$381
Home Value After 10 Years
$101,251
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$10,629
Total Cost (Rent)$120,840
Net Difference+$110,211
Buying is cheaper by $110,211 over this period.
Market Context
Sale Listings1
Rent Listings939
Avg Sale $/m²$2,599/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.