Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $47.7k | $367/mo |
| Price-to-Rent Ratio | 10.8years of rent | |
| Monthly Payment | $241at 6.5%, 20% down | $367 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 9.2% | |
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
$241
Home Value After 10 Years
$64,133
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$6,732
Total Cost (Rent)$44,040
Net Difference+$37,308
Buying is cheaper by $37,308 over this period.
Market Context
Sale Listings12
Rent Listings7
Avg Sale $/m²$788/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.