Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $69.6k | $3.3k/mo |
| Price-to-Rent Ratio | 1.8years of rent | |
| Monthly Payment | $352at 6.5%, 20% down | $3.3k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 56.3% | |
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
$352
Home Value After 10 Years
$93,537
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$9,819
Total Cost (Rent)$391,800
Net Difference+$381,981
Buying is cheaper by $381,981 over this period.
Market Context
Sale Listings1
Rent Listings37
Avg Sale $/m²$650/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.