Median Home Price
$512,306.15
Median Rent
$1,842.62/mo
Price-to-Rent RatioBETTER
23.2
Property Tax RateBETTER
0.69%
Price Change (1Y)BETTER
+0.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$383,496
Median Home PriceBETTER
$493,150.76
Median RentBETTER
$1,686.65/mo
Price-to-Rent Ratio
24.4
Property Tax Rate
0.97%
Price Change (1Y)
-1.2%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$363,323
Key Differences
Home Prices
Boise's median home price of $512,306.15 is higher than Portland's $493,150.76 by 4%.
Monthly Rent
Renting in Boise costs $1,842.62/mo compared to $1,686.65/mo in Portland—a difference of $155.97/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.