Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $124.3k | $441/mo |
| Price-to-Rent Ratio | 23.5years of rent | |
| Monthly Payment | $628at 6.5%, 20% down | $441 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$628
Home Value After 10 Years
$167,034
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,534
Total Cost (Rent)$52,920
Net Difference+$35,386
Buying is cheaper by $35,386 over this period.
Market Context
Sale Listings28
Rent Listings27
Avg Sale $/m²$1,597/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.