Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.05M | $1.1k/mo |
| Price-to-Rent Ratio | 77.7years of rent | |
| Monthly Payment | $5.3kat 6.5%, 20% down | $1.1k |
| Break-Even Horizon | 12 years | |
| Est. Buy-to-Let ROI | 1.3% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Rent is better
10 years
Monthly Mortgage
$5,316
Home Value After 10 Years
$1,412,849
Break-Even
12 years
Cost Comparison After 10 Years
Total Cost (Buy)$148,314
Total Cost (Rent)$135,240
Net Difference$-13,074
Renting is cheaper by $13,074 over this period.
Top Sale Listings in Preston
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Top Rent Listings in Preston
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Market Context
Sale Listings172
Rent Listings356
Avg Sale $/m²$9,948/m²
Avg Rent $/m²$18/m²
This is an estimate. Consult a financial advisor before making any real estate decision.
