Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $79.4k | $376/mo |
| Price-to-Rent Ratio | 17.6years of rent | |
| Monthly Payment | $401at 6.5%, 20% down | $376 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.7% | |
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
$401
Home Value After 10 Years
$106,649
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$11,196
Total Cost (Rent)$45,120
Net Difference+$33,924
Buying is cheaper by $33,924 over this period.
Market Context
Sale Listings27
Rent Listings14
Avg Sale $/m²$1,185/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.