Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $158.4k | $459/mo |
| Price-to-Rent Ratio | 28.8years of rent | |
| Monthly Payment | $801at 6.5%, 20% down | $459 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$801
Home Value After 10 Years
$212,835
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,342
Total Cost (Rent)$55,080
Net Difference+$32,738
Buying is cheaper by $32,738 over this period.
Market Context
Sale Listings979
Rent Listings752
Avg Sale $/m²$1,835/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.