Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $139.5k | $464/mo |
| Price-to-Rent Ratio | 25.1years of rent | |
| Monthly Payment | $705at 6.5%, 20% down | $464 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.0% | |
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
$705
Home Value After 10 Years
$187,496
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,682
Total Cost (Rent)$55,680
Net Difference+$35,998
Buying is cheaper by $35,998 over this period.
Market Context
Sale Listings252
Rent Listings143
Avg Sale $/m²$2,077/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.