Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $24.3k | $87/mo |
| Price-to-Rent Ratio | 23.3years of rent | |
| Monthly Payment | $123at 6.5%, 20% down | $87 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$123
Home Value After 10 Years
$32,663
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$3,429
Total Cost (Rent)$10,440
Net Difference+$7,011
Buying is cheaper by $7,011 over this period.
Market Context
Sale Listings53
Rent Listings8
Avg Sale $/m²$361/m²
Avg Rent $/m²$1/m²
This is an estimate. Consult a financial advisor before making any real estate decision.