Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $78.5k | $559/mo |
| Price-to-Rent Ratio | 11.7years of rent | |
| Monthly Payment | $397at 6.5%, 20% down | $559 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 8.5% | |
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
$397
Home Value After 10 Years
$105,534
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$11,078
Total Cost (Rent)$67,080
Net Difference+$56,002
Buying is cheaper by $56,002 over this period.
Market Context
Sale Listings27
Rent Listings35
Avg Sale $/m²$1,336/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.