Median Home Price
$374,793.3
Median Rent
$1,742.74/mo
Price-to-Rent Ratio
17.9
Property Tax RateTIE
1.13%
Price Change (1Y)
+2.2%
Price Change (5Y)
+10.8%
Break-Even Years
N/A
10-Year Wealth Difference
$199,871
Median Home PriceBETTER
$241,512.21
Median RentBETTER
$1,574.57/mo
Price-to-Rent RatioBETTER
12.8
Property Tax RateTIE
1.13%
Price Change (1Y)BETTER
+6.0%
Price Change (5Y)BETTER
+30.1%
Break-Even YearsBETTER
4 years
10-Year Wealth DifferenceBETTER
+$47,532
Key Differences
Home Prices
Brooklyn Park's median home price of $374,793.3 is higher than Duluth's $241,512.21 by 55%.
Monthly Rent
Renting in Brooklyn Park costs $1,742.74/mo compared to $1,574.57/mo in Duluth—a difference of $168.17/mo.
Buy vs Rent Verdict
Brooklyn Park favors renting, while Duluth favors buying.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.