Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $136.0k | $412/mo |
| Price-to-Rent Ratio | 27.5years of rent | |
| Monthly Payment | $688at 6.5%, 20% down | $412 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.6% | |
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
$688
Home Value After 10 Years
$182,801
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,190
Total Cost (Rent)$49,440
Net Difference+$30,250
Buying is cheaper by $30,250 over this period.
Market Context
Sale Listings20
Rent Listings14
Avg Sale $/m²$1,416/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.