Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $102.5k | $394/mo |
| Price-to-Rent Ratio | 21.7years of rent | |
| Monthly Payment | $518at 6.5%, 20% down | $394 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$518
Home Value After 10 Years
$137,702
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$14,455
Total Cost (Rent)$47,280
Net Difference+$32,825
Buying is cheaper by $32,825 over this period.
Market Context
Sale Listings9
Rent Listings15
Avg Sale $/m²$1,702/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.