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.