Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $146.5k | $245/mo |
| Price-to-Rent Ratio | 49.8years of rent | |
| Monthly Payment | $741at 6.5%, 20% down | $245 |
| Break-Even Horizon | 4 years | |
| Est. Buy-to-Let ROI | 2.0% | |
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
$741
Home Value After 10 Years
$196,862
Break-Even
4 years
Cost Comparison After 10 Years
Total Cost (Buy)$20,666
Total Cost (Rent)$29,400
Net Difference+$8,734
Buying is cheaper by $8,734 over this period.
Market Context
Sale Listings31
Rent Listings16
Avg Sale $/m²$1,410/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.