Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $124.0k | $426/mo |
| Price-to-Rent Ratio | 24.3years of rent | |
| Monthly Payment | $627at 6.5%, 20% down | $426 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$627
Home Value After 10 Years
$166,701
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,499
Total Cost (Rent)$51,120
Net Difference+$33,621
Buying is cheaper by $33,621 over this period.
Market Context
Sale Listings19
Rent Listings11
Avg Sale $/m²$1,603/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.