Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $116.4k | $275/mo |
| Price-to-Rent Ratio | 35.3years of rent | |
| Monthly Payment | $589at 6.5%, 20% down | $275 |
| 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
$589
Home Value After 10 Years
$156,479
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,426
Total Cost (Rent)$33,000
Net Difference+$16,574
Buying is cheaper by $16,574 over this period.
Market Context
Sale Listings56
Rent Listings11
Avg Sale $/m²$897/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.