Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $110.6k | $562/mo |
| Price-to-Rent Ratio | 16.4years of rent | |
| Monthly Payment | $559at 6.5%, 20% down | $562 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.1% | |
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
$559
Home Value After 10 Years
$148,583
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,598
Total Cost (Rent)$67,440
Net Difference+$51,842
Buying is cheaper by $51,842 over this period.
Market Context
Sale Listings34
Rent Listings37
Avg Sale $/m²$1,674/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.