Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $182.4k | $497/mo |
| Price-to-Rent Ratio | 30.6years of rent | |
| Monthly Payment | $922at 6.5%, 20% down | $497 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$922
Home Value After 10 Years
$245,153
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,735
Total Cost (Rent)$59,640
Net Difference+$33,905
Buying is cheaper by $33,905 over this period.
Market Context
Sale Listings73
Rent Listings43
Avg Sale $/m²$2,068/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.