Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $110.4k | $394/mo |
| Price-to-Rent Ratio | 23.4years of rent | |
| Monthly Payment | $558at 6.5%, 20% down | $394 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$558
Home Value After 10 Years
$148,419
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,580
Total Cost (Rent)$47,280
Net Difference+$31,700
Buying is cheaper by $31,700 over this period.
Market Context
Sale Listings33
Rent Listings32
Avg Sale $/m²$1,459/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.