Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $131.0k | $665/mo |
| Price-to-Rent Ratio | 16.4years of rent | |
| Monthly Payment | $662at 6.5%, 20% down | $665 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.1% | |
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
$662
Home Value After 10 Years
$176,040
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$18,480
Total Cost (Rent)$79,800
Net Difference+$61,320
Buying is cheaper by $61,320 over this period.
Market Context
Sale Listings36
Rent Listings56
Avg Sale $/m²$2,180/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.