Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $59.0k | $256/mo |
| Price-to-Rent Ratio | 19.2years of rent | |
| Monthly Payment | $298at 6.5%, 20% down | $256 |
| 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
$298
Home Value After 10 Years
$79,236
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$8,318
Total Cost (Rent)$30,720
Net Difference+$22,402
Buying is cheaper by $22,402 over this period.
Market Context
Sale Listings123
Rent Listings22
Avg Sale $/m²$684/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.