Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $52.3k | $124/mo |
| Price-to-Rent Ratio | 35.2years of rent | |
| Monthly Payment | $265at 6.5%, 20% down | $124 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.8% | |
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
$265
Home Value After 10 Years
$70,303
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$7,380
Total Cost (Rent)$14,880
Net Difference+$7,500
Buying is cheaper by $7,500 over this period.
Market Context
Sale Listings24
Rent Listings6
Avg Sale $/m²$603/m²
Avg Rent $/m²$3/m²
This is an estimate. Consult a financial advisor before making any real estate decision.