Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $74.5k | $1.3k/mo |
| Price-to-Rent Ratio | 4.8years of rent | |
| Monthly Payment | $377at 6.5%, 20% down | $1.3k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 20.7% | |
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
$377
Home Value After 10 Years
$100,126
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$10,511
Total Cost (Rent)$154,200
Net Difference+$143,689
Buying is cheaper by $143,689 over this period.
Market Context
Sale Listings400
Rent Listings278
Avg Sale $/m²$9,847/m²
Avg Rent $/m²$57/m²
This is an estimate. Consult a financial advisor before making any real estate decision.