Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $161.2k | $455/mo |
| Price-to-Rent Ratio | 29.5years of rent | |
| Monthly Payment | $815at 6.5%, 20% down | $455 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.4% | |
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
$815
Home Value After 10 Years
$216,579
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,735
Total Cost (Rent)$54,600
Net Difference+$31,865
Buying is cheaper by $31,865 over this period.
Market Context
Sale Listings29
Rent Listings34
Avg Sale $/m²$1,643/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.