Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $71.6k | $225/mo |
| Price-to-Rent Ratio | 26.5years of rent | |
| Monthly Payment | $362at 6.5%, 20% down | $225 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$362
Home Value After 10 Years
$96,204
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$10,099
Total Cost (Rent)$27,000
Net Difference+$16,901
Buying is cheaper by $16,901 over this period.
Market Context
Sale Listings126
Rent Listings34
Avg Sale $/m²$732/m²
Avg Rent $/m²$4/m²
This is an estimate. Consult a financial advisor before making any real estate decision.