Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $20.6k | $535/mo |
| Price-to-Rent Ratio | 3.2years of rent | |
| Monthly Payment | $104at 6.5%, 20% down | $535 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 31.1% | |
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
$104
Home Value After 10 Years
$27,705
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$2,908
Total Cost (Rent)$64,200
Net Difference+$61,292
Buying is cheaper by $61,292 over this period.
Market Context
Sale Listings1
Rent Listings514
Avg Sale $/m²$187/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.