Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $28.7k | $215/mo |
| Price-to-Rent Ratio | 11.1years of rent | |
| Monthly Payment | $145at 6.5%, 20% down | $215 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 9.0% | |
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
$145
Home Value After 10 Years
$38,628
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$4,055
Total Cost (Rent)$25,800
Net Difference+$21,745
Buying is cheaper by $21,745 over this period.
Market Context
Sale Listings166
Rent Listings12
Avg Sale $/m²$405/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.