Median Home Price
$244,543.4
Median Rent
$1,379.41/mo
Price-to-Rent Ratio
14.8
Property Tax RateTIE
0.90%
Price Change (1Y)BETTER
+2.4%
Price Change (5Y)BETTER
+11.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$81,075
Median Home PriceBETTER
$219,315.02
Median RentBETTER
$1,299.74/mo
Price-to-Rent RatioBETTER
14.1
Property Tax RateTIE
0.90%
Price Change (1Y)
-0.3%
Price Change (5Y)
-1.7%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$71,872
Key Differences
Home Prices
Broken Arrow's median home price of $244,543.4 is higher than Edmond's $219,315.02 by 12%.
Monthly Rent
Renting in Broken Arrow costs $1,379.41/mo compared to $1,299.74/mo in Edmond—a difference of $79.67/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.