Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $33.0k | $334/mo |
| Price-to-Rent Ratio | 8.2years of rent | |
| Monthly Payment | $167at 6.5%, 20% down | $334 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 12.1% | |
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
$167
Home Value After 10 Years
$44,375
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$4,658
Total Cost (Rent)$40,080
Net Difference+$35,422
Buying is cheaper by $35,422 over this period.
Market Context
Sale Listings17
Rent Listings2
Avg Sale $/m²$449/m²
Avg Rent $/m²$3/m²
This is an estimate. Consult a financial advisor before making any real estate decision.