Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $175.0k | $623/mo |
| Price-to-Rent Ratio | 23.4years of rent | |
| Monthly Payment | $885at 6.5%, 20% down | $623 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$885
Home Value After 10 Years
$235,141
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,684
Total Cost (Rent)$74,760
Net Difference+$50,076
Buying is cheaper by $50,076 over this period.
Market Context
Sale Listings58
Rent Listings13
Avg Sale $/m²$1,547/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.