Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $21.3k | $202/mo |
| Price-to-Rent Ratio | 8.8years of rent | |
| Monthly Payment | $108at 6.5%, 20% down | $202 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 11.4% | |
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
$108
Home Value After 10 Years
$28,651
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$3,008
Total Cost (Rent)$24,240
Net Difference+$21,232
Buying is cheaper by $21,232 over this period.
Market Context
Sale Listings479
Rent Listings40
Avg Sale $/m²$349/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.