Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $44.1k | $267/mo |
| Price-to-Rent Ratio | 13.7years of rent | |
| Monthly Payment | $223at 6.5%, 20% down | $267 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.3% | |
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
$223
Home Value After 10 Years
$59,201
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$6,215
Total Cost (Rent)$32,040
Net Difference+$25,825
Buying is cheaper by $25,825 over this period.
Market Context
Sale Listings198
Rent Listings17
Avg Sale $/m²$745/m²
Avg Rent $/m²$5/m²
This is an estimate. Consult a financial advisor before making any real estate decision.