Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $151.7k | $515/mo |
| Price-to-Rent Ratio | 24.5years of rent | |
| Monthly Payment | $767at 6.5%, 20% down | $515 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$767
Home Value After 10 Years
$203,867
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$21,401
Total Cost (Rent)$61,800
Net Difference+$40,399
Buying is cheaper by $40,399 over this period.
Market Context
Sale Listings63
Rent Listings36
Avg Sale $/m²$2,304/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.