Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $48.2k | $214/mo |
| Price-to-Rent Ratio | 18.8years of rent | |
| Monthly Payment | $244at 6.5%, 20% down | $214 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.3% | |
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
$244
Home Value After 10 Years
$64,808
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$6,803
Total Cost (Rent)$25,680
Net Difference+$18,877
Buying is cheaper by $18,877 over this period.
Market Context
Sale Listings3,009
Rent Listings509
Avg Sale $/m²$678/m²
Avg Rent $/m²$4/m²
This is an estimate. Consult a financial advisor before making any real estate decision.