Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $127.4k | $348/mo |
| Price-to-Rent Ratio | 30.5years of rent | |
| Monthly Payment | $644at 6.5%, 20% down | $348 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.3% | |
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
$644
Home Value After 10 Years
$171,185
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,970
Total Cost (Rent)$41,760
Net Difference+$23,790
Buying is cheaper by $23,790 over this period.
Market Context
Sale Listings37
Rent Listings1
Avg Sale $/m²$1,620/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.