Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $69.5k | $557/mo |
| Price-to-Rent Ratio | 10.4years of rent | |
| Monthly Payment | $351at 6.5%, 20% down | $557 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 9.6% | |
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
$351
Home Value After 10 Years
$93,346
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$9,799
Total Cost (Rent)$66,840
Net Difference+$57,041
Buying is cheaper by $57,041 over this period.
Market Context
Sale Listings62
Rent Listings1
Avg Sale $/m²$555/m²
Avg Rent $/m²$3/m²
This is an estimate. Consult a financial advisor before making any real estate decision.