Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $112.8k | $423/mo |
| Price-to-Rent Ratio | 22.2years of rent | |
| Monthly Payment | $571at 6.5%, 20% down | $423 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.5% | |
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
$571
Home Value After 10 Years
$151,629
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,917
Total Cost (Rent)$50,760
Net Difference+$34,843
Buying is cheaper by $34,843 over this period.
Market Context
Sale Listings44
Rent Listings51
Avg Sale $/m²$1,793/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.