Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $123.8k | $481/mo |
| Price-to-Rent Ratio | 21.4years of rent | |
| Monthly Payment | $626at 6.5%, 20% down | $481 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.7% | |
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
$626
Home Value After 10 Years
$166,363
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,464
Total Cost (Rent)$57,720
Net Difference+$40,256
Buying is cheaper by $40,256 over this period.
Market Context
Sale Listings18
Rent Listings31
Avg Sale $/m²$1,672/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.