Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $68.7k | $310/mo |
| Price-to-Rent Ratio | 18.5years of rent | |
| Monthly Payment | $347at 6.5%, 20% down | $310 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.4% | |
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
$347
Home Value After 10 Years
$92,267
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$9,686
Total Cost (Rent)$37,200
Net Difference+$27,514
Buying is cheaper by $27,514 over this period.
Market Context
Sale Listings2,839
Rent Listings780
Avg Sale $/m²$843/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.