Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $174.7k | $1.7k/mo |
| Price-to-Rent Ratio | 8.4years of rent | |
| Monthly Payment | $883at 6.5%, 20% down | $1.7k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 12.0% | |
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
$883
Home Value After 10 Years
$234,761
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,644
Total Cost (Rent)$208,800
Net Difference+$184,156
Buying is cheaper by $184,156 over this period.
Market Context
Sale Listings11
Rent Listings1
Avg Sale $/m²$1,312/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.