Median Home Price
$467,178.32
Median RentTIE
$1,595.22/mo
Price-to-Rent Ratio
24.4
Property Tax RateTIE
1.80%
Price Change (1Y)
-6.9%
Price Change (5Y)
-34.7%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$413,070
Median Home PriceBETTER
$277,739.66
Median RentTIE
$1,583.64/mo
Price-to-Rent RatioBETTER
14.6
Property Tax RateTIE
1.80%
Price Change (1Y)BETTER
-2.6%
Price Change (5Y)BETTER
-13.0%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$136,727
Key Differences
Home Prices
Austin's median home price of $467,178.32 is higher than Houston's $277,739.66 by 68%.
Monthly Rent
Renting in Austin costs $1,595.22/mo compared to $1,583.64/mo in Houston—a difference of $11.58/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.