Amarillo vs Lubbock
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Amarillo has an edge
Amarillo currently favors renting, with better rent-to-price dynamics.
Median Home PriceBETTER
$142,946.88
Median RentBETTER
$1,001.76/mo
Price-to-Rent RatioBETTER
11.9
Property Tax RateTIE
1.80%
Price Change (1Y)BETTER
+0.4%
Price Change (5Y)BETTER
+1.9%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$68,695
Median Home Price
$208,878.83
Median Rent
$1,307.7/mo
Price-to-Rent Ratio
13.3
Property Tax RateTIE
1.80%
Price Change (1Y)
-0.7%
Price Change (5Y)
-3.6%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$88,860
Key Differences
Home Prices
Amarillo's median home price of $142,946.88 is lower than Lubbock's $208,878.83 by 32%.
Monthly Rent
Renting in Amarillo costs $1,001.76/mo compared to $1,307.7/mo in Lubbock—a difference of $305.94/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.