Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $15.7k | $104/mo |
| Price-to-Rent Ratio | 12.5years of rent | |
| Monthly Payment | $79at 6.5%, 20% down | $104 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 8.0% | |
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
$79
Home Value After 10 Years
$21,046
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$2,209
Total Cost (Rent)$12,480
Net Difference+$10,271
Buying is cheaper by $10,271 over this period.
Market Context
Sale Listings271
Rent Listings33
Avg Sale $/m²$254/m²
Avg Rent $/m²$2/m²
This is an estimate. Consult a financial advisor before making any real estate decision.