Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $134.8k | $383/mo |
| Price-to-Rent Ratio | 29.3years of rent | |
| Monthly Payment | $682at 6.5%, 20% down | $383 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$682
Home Value After 10 Years
$181,145
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,016
Total Cost (Rent)$45,960
Net Difference+$26,944
Buying is cheaper by $26,944 over this period.
Market Context
Sale Listings108
Rent Listings22
Avg Sale $/m²$953/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.