Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $47.9k | $251/mo |
| Price-to-Rent Ratio | 15.9years of rent | |
| Monthly Payment | $242at 6.5%, 20% down | $251 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.3% | |
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
$242
Home Value After 10 Years
$64,406
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$6,761
Total Cost (Rent)$30,120
Net Difference+$23,359
Buying is cheaper by $23,359 over this period.
Market Context
Sale Listings302
Rent Listings9
Avg Sale $/m²$595/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.