Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $84.9k | $281/mo |
| Price-to-Rent Ratio | 25.2years of rent | |
| Monthly Payment | $429at 6.5%, 20% down | $281 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.0% | |
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
$429
Home Value After 10 Years
$114,034
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$11,971
Total Cost (Rent)$33,720
Net Difference+$21,749
Buying is cheaper by $21,749 over this period.
Market Context
Sale Listings64
Rent Listings50
Avg Sale $/m²$1,391/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.