Cambridge vs Lynn
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Lynn has an edge
Lynn currently favors renting, with better rent-to-price dynamics.
Median Home Price
$790,411.17
Median Rent
$2,890.3/mo
Price-to-Rent RatioTIE
22.8
Property Tax RateTIE
1.23%
Price Change (1Y)
+1.3%
Price Change (5Y)
+6.5%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$607,427
Median Home PriceBETTER
$698,257.05
Median RentBETTER
$2,577.55/mo
Price-to-Rent RatioTIE
22.6
Property Tax RateTIE
1.23%
Price Change (1Y)BETTER
+2.1%
Price Change (5Y)BETTER
+10.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$490,181
Key Differences
Home Prices
Cambridge's median home price of $790,411.17 is higher than Lynn's $698,257.05 by 13%.
Monthly Rent
Renting in Cambridge costs $2,890.3/mo compared to $2,577.55/mo in Lynn—a difference of $312.75/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.