Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $191.6k | $701/mo |
| Price-to-Rent Ratio | 22.8years of rent | |
| Monthly Payment | $969at 6.5%, 20% down | $701 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.4% | |
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
$969
Home Value After 10 Years
$257,541
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,035
Total Cost (Rent)$84,120
Net Difference+$57,085
Buying is cheaper by $57,085 over this period.
Market Context
Sale Listings181
Rent Listings58
Avg Sale $/m²$2,218/m²
Avg Rent $/m²$21/m²
This is an estimate. Consult a financial advisor before making any real estate decision.