Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $145.9k | $564/mo |
| Price-to-Rent Ratio | 21.6years of rent | |
| Monthly Payment | $738at 6.5%, 20% down | $564 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$738
Home Value After 10 Years
$196,118
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,588
Total Cost (Rent)$67,680
Net Difference+$47,092
Buying is cheaper by $47,092 over this period.
Market Context
Sale Listings21
Rent Listings22
Avg Sale $/m²$1,332/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.