Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $48.0k | $238/mo |
| Price-to-Rent Ratio | 16.8years of rent | |
| Monthly Payment | $243at 6.5%, 20% down | $238 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.9% | |
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
$243
Home Value After 10 Years
$64,554
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$6,777
Total Cost (Rent)$28,560
Net Difference+$21,783
Buying is cheaper by $21,783 over this period.
Market Context
Sale Listings247
Rent Listings31
Avg Sale $/m²$539/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.