Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $72.5k | $369/mo |
| Price-to-Rent Ratio | 16.4years of rent | |
| Monthly Payment | $367at 6.5%, 20% down | $369 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.1% | |
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
$367
Home Value After 10 Years
$97,478
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$10,233
Total Cost (Rent)$44,280
Net Difference+$34,047
Buying is cheaper by $34,047 over this period.
Market Context
Sale Listings409
Rent Listings17
Avg Sale $/m²$882/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.