Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $168.8k | $648/mo |
| Price-to-Rent Ratio | 21.7years of rent | |
| Monthly Payment | $854at 6.5%, 20% down | $648 |
| 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
$854
Home Value After 10 Years
$226,877
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,816
Total Cost (Rent)$77,760
Net Difference+$53,944
Buying is cheaper by $53,944 over this period.
Market Context
Sale Listings24
Rent Listings7
Avg Sale $/m²$1,543/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.