Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $64.1k | $234/mo |
| Price-to-Rent Ratio | 22.8years of rent | |
| Monthly Payment | $324at 6.5%, 20% down | $234 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.4% | |
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
$324
Home Value After 10 Years
$86,172
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$9,046
Total Cost (Rent)$28,080
Net Difference+$19,034
Buying is cheaper by $19,034 over this period.
Market Context
Sale Listings156
Rent Listings9
Avg Sale $/m²$607/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.