Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $122.3k | $324/mo |
| Price-to-Rent Ratio | 31.4years of rent | |
| Monthly Payment | $618at 6.5%, 20% down | $324 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.2% | |
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
$618
Home Value After 10 Years
$164,325
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,250
Total Cost (Rent)$38,880
Net Difference+$21,630
Buying is cheaper by $21,630 over this period.
Market Context
Sale Listings16
Rent Listings19
Avg Sale $/m²$1,583/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.