Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $176.9k | $556/mo |
| Price-to-Rent Ratio | 26.5years of rent | |
| Monthly Payment | $894at 6.5%, 20% down | $556 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$894
Home Value After 10 Years
$237,719
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,955
Total Cost (Rent)$66,720
Net Difference+$41,765
Buying is cheaper by $41,765 over this period.
Market Context
Sale Listings5
Rent Listings6
Avg Sale $/m²$1,445/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.