Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $97.5k | $221/mo |
| Price-to-Rent Ratio | 36.8years of rent | |
| Monthly Payment | $493at 6.5%, 20% down | $221 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.7% | |
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
$493
Home Value After 10 Years
$131,000
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$13,752
Total Cost (Rent)$26,520
Net Difference+$12,768
Buying is cheaper by $12,768 over this period.
Market Context
Sale Listings29
Rent Listings13
Avg Sale $/m²$1,523/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.