Median Home Price
$220,811.09
Median Rent
$1,389.67/mo
Price-to-Rent Ratio
13.2
Property Tax RateTIE
0.81%
Price Change (1Y)
+0.0%
Price Change (5Y)
+0.1%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$89,637
Median Home PriceBETTER
$125,429.9
Median RentBETTER
$1,343.33/mo
Price-to-Rent RatioBETTER
7.8
Property Tax RateTIE
0.81%
Price Change (1Y)BETTER
+1.3%
Price Change (5Y)BETTER
+6.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$11,359
Key Differences
Home Prices
Biloxi's median home price of $220,811.09 is higher than Jackson's $125,429.9 by 76%.
Monthly Rent
Renting in Biloxi costs $1,389.67/mo compared to $1,343.33/mo in Jackson—a difference of $46.34/mo.
Buy vs Rent Verdict
Biloxi favors renting, while Jackson favors either option.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.