Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $163.6k | $483/mo |
| Price-to-Rent Ratio | 28.2years of rent | |
| Monthly Payment | $827at 6.5%, 20% down | $483 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$827
Home Value After 10 Years
$219,909
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,085
Total Cost (Rent)$57,960
Net Difference+$34,875
Buying is cheaper by $34,875 over this period.
Market Context
Sale Listings139
Rent Listings13
Avg Sale $/m²$1,051/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.