Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $107.9k | $385/mo |
| Price-to-Rent Ratio | 23.3years of rent | |
| Monthly Payment | $545at 6.5%, 20% down | $385 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$545
Home Value After 10 Years
$144,955
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,217
Total Cost (Rent)$46,200
Net Difference+$30,983
Buying is cheaper by $30,983 over this period.
Market Context
Sale Listings21
Rent Listings35
Avg Sale $/m²$1,501/m²
Avg Rent $/m²$10/m²
This is an estimate. Consult a financial advisor before making any real estate decision.