Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $38.6k | $203/mo |
| Price-to-Rent Ratio | 15.9years of rent | |
| Monthly Payment | $195at 6.5%, 20% down | $203 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.3% | |
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
$195
Home Value After 10 Years
$51,922
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$5,451
Total Cost (Rent)$24,360
Net Difference+$18,909
Buying is cheaper by $18,909 over this period.
Market Context
Sale Listings34
Rent Listings1
Avg Sale $/m²$390/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.