Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $31.1k | $140/mo |
| Price-to-Rent Ratio | 18.5years of rent | |
| Monthly Payment | $157at 6.5%, 20% down | $140 |
| 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
$157
Home Value After 10 Years
$41,807
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$4,389
Total Cost (Rent)$16,800
Net Difference+$12,411
Buying is cheaper by $12,411 over this period.
Market Context
Sale Listings367
Rent Listings69
Avg Sale $/m²$464/m²
Avg Rent $/m²$3/m²
This is an estimate. Consult a financial advisor before making any real estate decision.