Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $84.5k | $410/mo |
| Price-to-Rent Ratio | 17.2years of rent | |
| Monthly Payment | $427at 6.5%, 20% down | $410 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.8% | |
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
$427
Home Value After 10 Years
$113,605
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$11,926
Total Cost (Rent)$49,200
Net Difference+$37,274
Buying is cheaper by $37,274 over this period.
Market Context
Sale Listings964
Rent Listings190
Avg Sale $/m²$926/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.