Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $137.2k | $392/mo |
| Price-to-Rent Ratio | 29.2years of rent | |
| Monthly Payment | $694at 6.5%, 20% down | $392 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$694
Home Value After 10 Years
$184,393
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,357
Total Cost (Rent)$47,040
Net Difference+$27,683
Buying is cheaper by $27,683 over this period.
Market Context
Sale Listings47
Rent Listings5
Avg Sale $/m²$1,070/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.