Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $101.2k | $647/mo |
| Price-to-Rent Ratio | 13.0years of rent | |
| Monthly Payment | $512at 6.5%, 20% down | $647 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.7% | |
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
$512
Home Value After 10 Years
$136,038
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$14,281
Total Cost (Rent)$77,640
Net Difference+$63,359
Buying is cheaper by $63,359 over this period.
Market Context
Sale Listings253
Rent Listings52
Avg Sale $/m²$834/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.