Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $179.2k | $398/mo |
| Price-to-Rent Ratio | 37.5years of rent | |
| Monthly Payment | $906at 6.5%, 20% down | $398 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$906
Home Value After 10 Years
$240,780
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,276
Total Cost (Rent)$47,760
Net Difference+$22,484
Buying is cheaper by $22,484 over this period.
Market Context
Sale Listings33
Rent Listings40
Avg Sale $/m²$1,576/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.