Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $160.0k | $369/mo |
| Price-to-Rent Ratio | 36.1years of rent | |
| Monthly Payment | $809at 6.5%, 20% down | $369 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.8% | |
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
$809
Home Value After 10 Years
$214,998
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,570
Total Cost (Rent)$44,280
Net Difference+$21,710
Buying is cheaper by $21,710 over this period.
Market Context
Sale Listings73
Rent Listings10
Avg Sale $/m²$1,062/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.