Median Home Price
$467,178.32
Median Rent
$1,595.22/mo
Price-to-Rent Ratio
24.4
Property Tax RateTIE
1.80%
Price Change (1Y)
-6.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$413,070
Median Home PriceBETTER
$225,562.43
Median RentBETTER
$1,503.81/mo
Price-to-Rent RatioBETTER
12.5
Property Tax RateTIE
1.80%
Price Change (1Y)BETTER
+0.7%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$97,870
Key Differences
Home Prices
Austin's median home price of $467,178.32 is higher than El Paso's $225,562.43 by 107%.
Monthly Rent
Renting in Austin costs $1,595.22/mo compared to $1,503.81/mo in El Paso—a difference of $91.41/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.