Median Home Price
$350,229.07
Median Rent
$1,777.62/mo
Price-to-Rent Ratio
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 Difference
$137,576
Median Home PriceBETTER
$231,936.92
Median RentBETTER
$1,529.97/mo
Price-to-Rent RatioBETTER
12.6
Property Tax RateTIE
1.54%
Price Change (1Y)
+1.5%
Price Change (5Y)
+7.7%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$78,277
Key Differences
Home Prices
Allentown's median home price of $350,229.07 is higher than Pittsburgh's $231,936.92 by 51%.
Monthly Rent
Renting in Allentown costs $1,777.62/mo compared to $1,529.97/mo in Pittsburgh—a difference of $247.65/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.