Median Home Price
$361,220.37
Median RentBETTER
$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 YearsTIE
N/A
10-Year Wealth Difference
$182,328
Median Home PriceBETTER
$337,521.29
Median Rent
$1,676.07/mo
Price-to-Rent RatioBETTER
16.8
Property Tax RateTIE
1.13%
Price Change (1Y)BETTER
+3.5%
Price Change (5Y)BETTER
+17.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$121,405
Key Differences
Home Prices
Coon Rapids's median home price of $361,220.37 is higher than Rochester's $337,521.29 by 7%.
Monthly Rent
Renting in Coon Rapids costs $1,644.38/mo compared to $1,676.07/mo in Rochester—a difference of $31.69/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.