Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $42.6k | $276/mo |
| Price-to-Rent Ratio | 12.9years of rent | |
| Monthly Payment | $215at 6.5%, 20% down | $276 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.8% | |
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
$215
Home Value After 10 Years
$57,235
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$6,008
Total Cost (Rent)$33,120
Net Difference+$27,112
Buying is cheaper by $27,112 over this period.
Market Context
Sale Listings33
Rent Listings5
Avg Sale $/m²$715/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.