Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $32.2k | $530/mo |
| Price-to-Rent Ratio | 5.1years of rent | |
| Monthly Payment | $163at 6.5%, 20% down | $530 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 19.7% | |
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
$163
Home Value After 10 Years
$43,340
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$4,550
Total Cost (Rent)$63,600
Net Difference+$59,050
Buying is cheaper by $59,050 over this period.
Market Context
Sale Listings350
Rent Listings103
Avg Sale $/m²$502/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.