Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $164.4k | $612/mo |
| Price-to-Rent Ratio | 22.4years of rent | |
| Monthly Payment | $831at 6.5%, 20% down | $612 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.5% | |
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
$831
Home Value After 10 Years
$220,906
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,190
Total Cost (Rent)$73,440
Net Difference+$50,250
Buying is cheaper by $50,250 over this period.
Market Context
Sale Listings712
Rent Listings75
Avg Sale $/m²$1,719/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.