Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $196.8k | $668/mo |
| Price-to-Rent Ratio | 24.6years of rent | |
| Monthly Payment | $995at 6.5%, 20% down | $668 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$995
Home Value After 10 Years
$264,537
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,770
Total Cost (Rent)$80,160
Net Difference+$52,390
Buying is cheaper by $52,390 over this period.
Market Context
Sale Listings125
Rent Listings30
Avg Sale $/m²$2,628/m²
Avg Rent $/m²$17/m²
This is an estimate. Consult a financial advisor before making any real estate decision.