Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $74.9k | $297/mo |
| Price-to-Rent Ratio | 21.0years of rent | |
| Monthly Payment | $379at 6.5%, 20% down | $297 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.8% | |
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
$379
Home Value After 10 Years
$100,612
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$10,562
Total Cost (Rent)$35,640
Net Difference+$25,078
Buying is cheaper by $25,078 over this period.
Market Context
Sale Listings3,613
Rent Listings1,591
Avg Sale $/m²$1,091/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.