Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $118.3k | $814/mo |
| Price-to-Rent Ratio | 12.1years of rent | |
| Monthly Payment | $598at 6.5%, 20% down | $814 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 8.3% | |
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
$598
Home Value After 10 Years
$158,936
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,684
Total Cost (Rent)$97,680
Net Difference+$80,996
Buying is cheaper by $80,996 over this period.
Market Context
Sale Listings625
Rent Listings350
Avg Sale $/m²$1,109/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.