Median Home PriceBETTER
$347,462.88
Median RentBETTER
$1,500.05/mo
Price-to-Rent RatioBETTER
19.3
Property Tax RateTIE
0.71%
Price Change (1Y)
-0.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$190,436
Median Home Price
$412,431.8
Median Rent
$1,703.59/mo
Price-to-Rent Ratio
20.2
Property Tax RateTIE
0.71%
Price Change (1Y)BETTER
+0.5%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$288,031
Key Differences
Home Prices
Chattanooga's median home price of $347,462.88 is lower than Murfreesboro's $412,431.8 by 16%.
Monthly Rent
Renting in Chattanooga costs $1,500.05/mo compared to $1,703.59/mo in Murfreesboro—a difference of $203.54/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.