Median Home PriceTIE
$314,516.51
Median Rent
$2,113.41/mo
Price-to-Rent RatioBETTER
12.4
Property Tax Rate
2.27%
Price Change (1Y)BETTER
+2.9%
Price Change (5Y)BETTER
+14.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$90,658
Median Home PriceTIE
$316,863.36
Median RentBETTER
$1,616.41/mo
Price-to-Rent Ratio
16.3
Property Tax RateBETTER
1.80%
Price Change (1Y)
-3.4%
Price Change (5Y)
-16.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$187,920
Key Differences
Home Prices
Chicago's median home price of $314,516.51 is lower than Fort Worth's $316,863.36 by 1%.
Monthly Rent
Renting in Chicago costs $2,113.41/mo compared to $1,616.41/mo in Fort Worth—a difference of $497/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.