Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $37.9k | $497/mo |
| Price-to-Rent Ratio | 6.4years of rent | |
| Monthly Payment | $192at 6.5%, 20% down | $497 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 15.7% | |
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
$192
Home Value After 10 Years
$50,938
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$5,347
Total Cost (Rent)$59,640
Net Difference+$54,293
Buying is cheaper by $54,293 over this period.
Market Context
Sale Listings168
Rent Listings6
Avg Sale $/m²$431/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.