Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $109.9k | $350/mo |
| Price-to-Rent Ratio | 26.2years of rent | |
| Monthly Payment | $556at 6.5%, 20% down | $350 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$556
Home Value After 10 Years
$147,667
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,501
Total Cost (Rent)$42,000
Net Difference+$26,499
Buying is cheaper by $26,499 over this period.
Market Context
Sale Listings16
Rent Listings12
Avg Sale $/m²$1,298/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.