Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $144.3k | $606/mo |
| Price-to-Rent Ratio | 19.8years of rent | |
| Monthly Payment | $729at 6.5%, 20% down | $606 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.0% | |
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
$729
Home Value After 10 Years
$193,869
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,351
Total Cost (Rent)$72,720
Net Difference+$52,369
Buying is cheaper by $52,369 over this period.
Market Context
Sale Listings390
Rent Listings139
Avg Sale $/m²$1,123/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.