Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $22.3k | $146/mo |
| Price-to-Rent Ratio | 12.7years of rent | |
| Monthly Payment | $113at 6.5%, 20% down | $146 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.9% | |
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
$113
Home Value After 10 Years
$29,924
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$3,141
Total Cost (Rent)$17,520
Net Difference+$14,379
Buying is cheaper by $14,379 over this period.
Market Context
Sale Listings389
Rent Listings14
Avg Sale $/m²$355/m²
Avg Rent $/m²$2/m²
This is an estimate. Consult a financial advisor before making any real estate decision.