Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $119.7k | $379/mo |
| Price-to-Rent Ratio | 26.3years of rent | |
| Monthly Payment | $605at 6.5%, 20% down | $379 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$605
Home Value After 10 Years
$160,841
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,884
Total Cost (Rent)$45,480
Net Difference+$28,596
Buying is cheaper by $28,596 over this period.
Market Context
Sale Listings102
Rent Listings93
Avg Sale $/m²$1,540/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.