Median Home PriceBETTER
$195,315.28
Median RentBETTER
$1,243.56/mo
Price-to-Rent RatioBETTER
13.1
Property Tax RateTIE
1.56%
Price Change (1Y)
+4.5%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$26,841
Median Home Price
$249,897.87
Median Rent
$1,319.91/mo
Price-to-Rent Ratio
15.8
Property Tax RateTIE
1.56%
Price Change (1Y)BETTER
+4.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$66,699
Key Differences
Home Prices
Dayton's median home price of $195,315.28 is lower than Lorain's $249,897.87 by 22%.
Monthly Rent
Renting in Dayton costs $1,243.56/mo compared to $1,319.91/mo in Lorain—a difference of $76.35/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.