Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $68.8k | $327/mo |
| Price-to-Rent Ratio | 17.5years of rent | |
| Monthly Payment | $348at 6.5%, 20% down | $327 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.7% | |
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
$348
Home Value After 10 Years
$92,455
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$9,705
Total Cost (Rent)$39,240
Net Difference+$29,535
Buying is cheaper by $29,535 over this period.
Market Context
Sale Listings1,192
Rent Listings225
Avg Sale $/m²$994/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.