Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $143.8k | $299/mo |
| Price-to-Rent Ratio | 40.1years of rent | |
| Monthly Payment | $727at 6.5%, 20% down | $299 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.5% | |
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
$727
Home Value After 10 Years
$193,304
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,292
Total Cost (Rent)$35,880
Net Difference+$15,588
Buying is cheaper by $15,588 over this period.
Market Context
Sale Listings28
Rent Listings15
Avg Sale $/m²$1,528/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.