Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $177.3k | $1.1k/mo |
| Price-to-Rent Ratio | 13.2years of rent | |
| Monthly Payment | $896at 6.5%, 20% down | $1.1k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.6% | |
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
$896
Home Value After 10 Years
$238,240
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,009
Total Cost (Rent)$133,920
Net Difference+$108,911
Buying is cheaper by $108,911 over this period.
Market Context
Sale Listings589
Rent Listings33
Avg Sale $/m²$1,711/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.