Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $85.9k | $403/mo |
| Price-to-Rent Ratio | 17.8years of rent | |
| Monthly Payment | $434at 6.5%, 20% down | $403 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.6% | |
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
$434
Home Value After 10 Years
$115,450
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$12,119
Total Cost (Rent)$48,360
Net Difference+$36,241
Buying is cheaper by $36,241 over this period.
Market Context
Sale Listings2,756
Rent Listings1,249
Avg Sale $/m²$1,163/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.