Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $25.4k | $201/mo |
| Price-to-Rent Ratio | 10.5years of rent | |
| Monthly Payment | $128at 6.5%, 20% down | $201 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 9.5% | |
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
$128
Home Value After 10 Years
$34,082
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$3,578
Total Cost (Rent)$24,120
Net Difference+$20,542
Buying is cheaper by $20,542 over this period.
Market Context
Sale Listings232
Rent Listings27
Avg Sale $/m²$264/m²
Avg Rent $/m²$1/m²
This is an estimate. Consult a financial advisor before making any real estate decision.