Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $25.8k | $110/mo |
| Price-to-Rent Ratio | 19.6years of rent | |
| Monthly Payment | $131at 6.5%, 20% down | $110 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.1% | |
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
$131
Home Value After 10 Years
$34,691
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$3,642
Total Cost (Rent)$13,200
Net Difference+$9,558
Buying is cheaper by $9,558 over this period.
Market Context
Sale Listings57
Rent Listings1
Avg Sale $/m²$291/m²
Avg Rent $/m²$1/m²
This is an estimate. Consult a financial advisor before making any real estate decision.