Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $135.7k | $496/mo |
| Price-to-Rent Ratio | 22.8years of rent | |
| Monthly Payment | $686at 6.5%, 20% down | $496 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.4% | |
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
$686
Home Value After 10 Years
$182,320
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,139
Total Cost (Rent)$59,520
Net Difference+$40,381
Buying is cheaper by $40,381 over this period.
Market Context
Sale Listings52
Rent Listings50
Avg Sale $/m²$1,734/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.