Median Home Price
$656,914.4
Median Rent
$2,251.75/mo
Price-to-Rent Ratio
24.3
Property Tax RateTIE
0.97%
Price Change (1Y)
-2.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$471,467
Median Home PriceBETTER
$384,521.59
Median RentBETTER
$1,510.97/mo
Price-to-Rent RatioBETTER
21.2
Property Tax RateTIE
0.97%
Price Change (1Y)BETTER
-0.9%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$253,046
Key Differences
Home Prices
Bend's median home price of $656,914.4 is higher than Grants Pass's $384,521.59 by 71%.
Monthly Rent
Renting in Bend costs $2,251.75/mo compared to $1,510.97/mo in Grants Pass—a difference of $740.78/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.