Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $32.7k | $122/mo |
| Price-to-Rent Ratio | 22.3years of rent | |
| Monthly Payment | $165at 6.5%, 20% down | $122 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.5% | |
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
$165
Home Value After 10 Years
$43,892
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$4,608
Total Cost (Rent)$14,640
Net Difference+$10,032
Buying is cheaper by $10,032 over this period.
Market Context
Sale Listings371
Rent Listings134
Avg Sale $/m²$409/m²
Avg Rent $/m²$2/m²
This is an estimate. Consult a financial advisor before making any real estate decision.