Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $199.1k | $406/mo |
| Price-to-Rent Ratio | 40.9years of rent | |
| Monthly Payment | $1.0kat 6.5%, 20% down | $406 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.4% | |
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
$1,007
Home Value After 10 Years
$267,507
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$28,082
Total Cost (Rent)$48,720
Net Difference+$20,638
Buying is cheaper by $20,638 over this period.
Market Context
Sale Listings38
Rent Listings53
Avg Sale $/m²$1,673/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.