Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $40.9k | $969/mo |
| Price-to-Rent Ratio | 3.5years of rent | |
| Monthly Payment | $207at 6.5%, 20% down | $969 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 28.5% | |
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
$207
Home Value After 10 Years
$54,899
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$5,763
Total Cost (Rent)$116,280
Net Difference+$110,517
Buying is cheaper by $110,517 over this period.
Market Context
Sale Listings418
Rent Listings334
Avg Sale $/m²$2,837/m²
Avg Rent $/m²$60/m²
This is an estimate. Consult a financial advisor before making any real estate decision.