Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $49.1k | $218/mo |
| Price-to-Rent Ratio | 18.8years of rent | |
| Monthly Payment | $248at 6.5%, 20% down | $218 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.3% | |
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
$248
Home Value After 10 Years
$65,954
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$6,924
Total Cost (Rent)$26,160
Net Difference+$19,236
Buying is cheaper by $19,236 over this period.
Market Context
Sale Listings409
Rent Listings115
Avg Sale $/m²$660/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.