Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $544.9k | $1.8k/mo |
| Price-to-Rent Ratio | 25.4years of rent | |
| Monthly Payment | $2.8kat 6.5%, 20% down | $1.8k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.9% | |
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
$2,755
Home Value After 10 Years
$732,276
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$76,871
Total Cost (Rent)$214,440
Net Difference+$137,569
Buying is cheaper by $137,569 over this period.
Top Sale Listings in Drammen
View all
Score 66.9$1,007/m²
PrivatMegleren Drammen Sylling - 1,2 måls solrik tomt m/fantastisk utsikt over Holsfjorden
$270,000 · 268 m² · 8 rooms
Score 66.2$1,230/m²
EiendomsMegler 1 Modum Moderne kontorlokale med blant annet 4 kontorplasser og 2 møterom på Industriveien 38 i Åmot Industriveien 38F, Åmot 237 m² 2 70
$291,600 · 237 m² · 7 rooms
Market Context
Sale Listings847
Rent Listings146
Avg Sale $/m²$5,404/m²
Avg Rent $/m²$30/m²
This is an estimate. Consult a financial advisor before making any real estate decision.
