Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $71.4k | $307/mo |
| Price-to-Rent Ratio | 19.4years of rent | |
| Monthly Payment | $361at 6.5%, 20% down | $307 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.2% | |
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
$361
Home Value After 10 Years
$95,993
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$10,077
Total Cost (Rent)$36,840
Net Difference+$26,763
Buying is cheaper by $26,763 over this period.
Market Context
Sale Listings186
Rent Listings31
Avg Sale $/m²$688/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.