Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $27.8k | $106/mo |
| Price-to-Rent Ratio | 21.9years of rent | |
| Monthly Payment | $141at 6.5%, 20% down | $106 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.6% | |
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
$141
Home Value After 10 Years
$37,413
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$3,927
Total Cost (Rent)$12,720
Net Difference+$8,793
Buying is cheaper by $8,793 over this period.
Market Context
Sale Listings695
Rent Listings87
Avg Sale $/m²$311/m²
Avg Rent $/m²$1/m²
This is an estimate. Consult a financial advisor before making any real estate decision.