Median Home Price
$383,346.54
Median RentTIE
$1,664.45/mo
Price-to-Rent Ratio
19.2
Property Tax RateTIE
1.13%
Price Change (1Y)
+1.7%
Price Change (5Y)
+8.3%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$243,352
Median Home PriceBETTER
$337,521.29
Median RentTIE
$1,676.07/mo
Price-to-Rent RatioBETTER
16.8
Property Tax RateTIE
1.13%
Price Change (1Y)BETTER
+3.5%
Price Change (5Y)BETTER
+17.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$121,405
Key Differences
Home Prices
Apple Valley's median home price of $383,346.54 is higher than Rochester's $337,521.29 by 14%.
Monthly Rent
Renting in Apple Valley costs $1,664.45/mo compared to $1,676.07/mo in Rochester—a difference of $11.62/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.