Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $107.0k | $517/mo |
| Price-to-Rent Ratio | 17.2years of rent | |
| Monthly Payment | $541at 6.5%, 20% down | $517 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.8% | |
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
$541
Home Value After 10 Years
$143,747
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,090
Total Cost (Rent)$62,040
Net Difference+$46,950
Buying is cheaper by $46,950 over this period.
Market Context
Sale Listings69
Rent Listings19
Avg Sale $/m²$1,253/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.