Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $21.7k | $309/mo |
| Price-to-Rent Ratio | 5.9years of rent | |
| Monthly Payment | $110at 6.5%, 20% down | $309 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 17.1% | |
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
$110
Home Value After 10 Years
$29,171
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$3,062
Total Cost (Rent)$37,080
Net Difference+$34,018
Buying is cheaper by $34,018 over this period.
Market Context
Sale Listings77
Rent Listings7
Avg Sale $/m²$357/m²
Avg Rent $/m²$2/m²
This is an estimate. Consult a financial advisor before making any real estate decision.