Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $49.8k | $276/mo |
| Price-to-Rent Ratio | 15.0years of rent | |
| Monthly Payment | $252at 6.5%, 20% down | $276 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.6% | |
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
$252
Home Value After 10 Years
$66,974
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$7,031
Total Cost (Rent)$33,120
Net Difference+$26,089
Buying is cheaper by $26,089 over this period.
Market Context
Sale Listings48
Rent Listings12
Avg Sale $/m²$525/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.