Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $29.1k | $127/mo |
| Price-to-Rent Ratio | 19.1years of rent | |
| Monthly Payment | $147at 6.5%, 20% down | $127 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.2% | |
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
$147
Home Value After 10 Years
$39,113
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$4,106
Total Cost (Rent)$15,240
Net Difference+$11,134
Buying is cheaper by $11,134 over this period.
Market Context
Sale Listings686
Rent Listings26
Avg Sale $/m²$316/m²
Avg Rent $/m²$1/m²
This is an estimate. Consult a financial advisor before making any real estate decision.