Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $196.5k | $732/mo |
| Price-to-Rent Ratio | 22.4years of rent | |
| Monthly Payment | $994at 6.5%, 20% down | $732 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.5% | |
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
$994
Home Value After 10 Years
$264,106
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,725
Total Cost (Rent)$87,840
Net Difference+$60,115
Buying is cheaper by $60,115 over this period.
Market Context
Sale Listings57
Rent Listings9
Avg Sale $/m²$2,079/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.