Median Home PriceBETTER
$350,229.07
Median Rent
$1,777.62/mo
Price-to-Rent RatioBETTER
16.4
Property Tax RateTIE
1.54%
Price Change (1Y)BETTER
+3.6%
Price Change (5Y)BETTER
+18.1%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$137,576
Median Home Price
$356,565.23
Median RentBETTER
$1,749.01/mo
Price-to-Rent Ratio
17.0
Property Tax RateTIE
1.54%
Price Change (1Y)
+2.4%
Price Change (5Y)
+12.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$191,103
Key Differences
Home Prices
Allentown's median home price of $350,229.07 is lower than Bethlehem's $356,565.23 by 2%.
Monthly Rent
Renting in Allentown costs $1,777.62/mo compared to $1,749.01/mo in Bethlehem—a difference of $28.61/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.