Median Home PriceBETTER
$282,437
Median RentBETTER
$1,371.25/mo
Price-to-Rent RatioBETTER
17.2
Property Tax RateTIE
1.72%
Price Change (1Y)
+3.5%
Price Change (5Y)
+17.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$143,876
Median Home Price
$473,831.3
Median Rent
$2,109.79/mo
Price-to-Rent Ratio
18.7
Property Tax RateTIE
1.72%
Price Change (1Y)BETTER
+4.8%
Price Change (5Y)BETTER
+23.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$190,093
Key Differences
Home Prices
Buffalo's median home price of $282,437 is lower than Poughkeepsie's $473,831.3 by 40%.
Monthly Rent
Renting in Buffalo costs $1,371.25/mo compared to $2,109.79/mo in Poughkeepsie—a difference of $738.54/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.