Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $138.6k | $485/mo |
| Price-to-Rent Ratio | 23.8years of rent | |
| Monthly Payment | $701at 6.5%, 20% down | $485 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.2% | |
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
$701
Home Value After 10 Years
$186,292
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,556
Total Cost (Rent)$58,200
Net Difference+$38,644
Buying is cheaper by $38,644 over this period.
Market Context
Sale Listings40
Rent Listings41
Avg Sale $/m²$1,390/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.