Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $121.1k | $412/mo |
| Price-to-Rent Ratio | 24.5years of rent | |
| Monthly Payment | $612at 6.5%, 20% down | $412 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$612
Home Value After 10 Years
$162,779
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,088
Total Cost (Rent)$49,440
Net Difference+$32,352
Buying is cheaper by $32,352 over this period.
Market Context
Sale Listings58
Rent Listings48
Avg Sale $/m²$1,816/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.