Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $142.5k | $519/mo |
| Price-to-Rent Ratio | 22.9years of rent | |
| Monthly Payment | $721at 6.5%, 20% down | $519 |
| 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
$721
Home Value After 10 Years
$191,532
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,106
Total Cost (Rent)$62,280
Net Difference+$42,174
Buying is cheaper by $42,174 over this period.
Market Context
Sale Listings164
Rent Listings7
Avg Sale $/m²$1,417/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.