Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $117.5k | $384/mo |
| Price-to-Rent Ratio | 25.5years of rent | |
| Monthly Payment | $594at 6.5%, 20% down | $384 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.9% | |
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
$594
Home Value After 10 Years
$157,971
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,583
Total Cost (Rent)$46,080
Net Difference+$29,497
Buying is cheaper by $29,497 over this period.
Market Context
Sale Listings38
Rent Listings36
Avg Sale $/m²$1,864/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.