Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $102.2k | $374/mo |
| Price-to-Rent Ratio | 22.8years of rent | |
| Monthly Payment | $517at 6.5%, 20% down | $374 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.4% | |
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
$517
Home Value After 10 Years
$137,333
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$14,417
Total Cost (Rent)$44,880
Net Difference+$30,463
Buying is cheaper by $30,463 over this period.
Market Context
Sale Listings34
Rent Listings31
Avg Sale $/m²$1,549/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.