Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $165.2k | $455/mo |
| Price-to-Rent Ratio | 30.2years of rent | |
| Monthly Payment | $835at 6.5%, 20% down | $455 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$835
Home Value After 10 Years
$221,957
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,300
Total Cost (Rent)$54,600
Net Difference+$31,300
Buying is cheaper by $31,300 over this period.
Market Context
Sale Listings43
Rent Listings47
Avg Sale $/m²$1,926/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.