Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $16.7k | $165/mo |
| Price-to-Rent Ratio | 8.4years of rent | |
| Monthly Payment | $85at 6.5%, 20% down | $165 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 11.8% | |
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
$85
Home Value After 10 Years
$22,477
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$2,360
Total Cost (Rent)$19,800
Net Difference+$17,440
Buying is cheaper by $17,440 over this period.
Market Context
Sale Listings258
Rent Listings768
Avg Sale $/m²$268/m²
Avg Rent $/m²$3/m²
This is an estimate. Consult a financial advisor before making any real estate decision.