Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $66.1k | $236/mo |
| Price-to-Rent Ratio | 23.3years of rent | |
| Monthly Payment | $334at 6.5%, 20% down | $236 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$334
Home Value After 10 Years
$88,771
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$9,319
Total Cost (Rent)$28,320
Net Difference+$19,001
Buying is cheaper by $19,001 over this period.
Market Context
Sale Listings507
Rent Listings32
Avg Sale $/m²$790/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.