Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $139.6k | $589/mo |
| Price-to-Rent Ratio | 19.7years of rent | |
| Monthly Payment | $706at 6.5%, 20% down | $589 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.1% | |
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
$706
Home Value After 10 Years
$187,592
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$19,693
Total Cost (Rent)$70,680
Net Difference+$50,987
Buying is cheaper by $50,987 over this period.
Market Context
Sale Listings26,860
Rent Listings8,983
Avg Sale $/m²$1,318/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.