Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $112.7k | $356/mo |
| Price-to-Rent Ratio | 26.4years of rent | |
| Monthly Payment | $570at 6.5%, 20% down | $356 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$570
Home Value After 10 Years
$151,520
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,906
Total Cost (Rent)$42,720
Net Difference+$26,814
Buying is cheaper by $26,814 over this period.
Market Context
Sale Listings29
Rent Listings18
Avg Sale $/m²$1,343/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.