Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $58.2k | $317/mo |
| Price-to-Rent Ratio | 15.3years of rent | |
| Monthly Payment | $294at 6.5%, 20% down | $317 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.5% | |
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
$294
Home Value After 10 Years
$78,256
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$8,215
Total Cost (Rent)$38,040
Net Difference+$29,825
Buying is cheaper by $29,825 over this period.
Market Context
Sale Listings95
Rent Listings6
Avg Sale $/m²$593/m²
Avg Rent $/m²$4/m²
This is an estimate. Consult a financial advisor before making any real estate decision.