Coon Rapids vs Duluth
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Duluth has an edge
Duluth shows stronger fundamentals for buying with a 4-year break-even point.
Median Home Price
$361,220.37
Median Rent
$1,644.38/mo
Price-to-Rent Ratio
18.3
Property Tax RateTIE
1.13%
Price Change (1Y)
+2.7%
Price Change (5Y)
+13.6%
Break-Even Years
N/A
10-Year Wealth Difference
$182,328
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
Coon Rapids's median home price of $361,220.37 is higher than Duluth's $241,512.21 by 50%.
Monthly Rent
Renting in Coon Rapids costs $1,644.38/mo compared to $1,574.57/mo in Duluth—a difference of $69.81/mo.
Buy vs Rent Verdict
Coon Rapids favors renting, while Duluth favors buying.
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.