Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $176.3k | $671/mo |
| Price-to-Rent Ratio | 21.9years of rent | |
| Monthly Payment | $891at 6.5%, 20% down | $671 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$891
Home Value After 10 Years
$236,873
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,866
Total Cost (Rent)$80,520
Net Difference+$55,654
Buying is cheaper by $55,654 over this period.
Market Context
Sale Listings54
Rent Listings48
Avg Sale $/m²$1,878/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.