Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $86.5k | $305/mo |
| Price-to-Rent Ratio | 23.6years of rent | |
| Monthly Payment | $437at 6.5%, 20% down | $305 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.2% | |
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
$437
Home Value After 10 Years
$116,225
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$12,201
Total Cost (Rent)$36,600
Net Difference+$24,399
Buying is cheaper by $24,399 over this period.
Market Context
Sale Listings43
Rent Listings33
Avg Sale $/m²$1,515/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.