Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $57.1k | $373/mo |
| Price-to-Rent Ratio | 12.8years of rent | |
| Monthly Payment | $289at 6.5%, 20% down | $373 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.8% | |
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
$289
Home Value After 10 Years
$76,705
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$8,052
Total Cost (Rent)$44,760
Net Difference+$36,708
Buying is cheaper by $36,708 over this period.
Market Context
Sale Listings26
Rent Listings18
Avg Sale $/m²$1,280/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.