Dayton vs Springfield
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Both cities are evenly matched
Both cities offer similar value for rent vs buy decisions.
Median Home PriceTIE
$195,315.28
Median Rent
$1,243.56/mo
Price-to-Rent RatioBETTER
13.1
Property Tax RateTIE
1.56%
Price Change (1Y)
+4.5%
Price Change (5Y)
+22.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$26,841
Median Home PriceTIE
$193,527.09
Median RentBETTER
$1,083.81/mo
Price-to-Rent Ratio
14.9
Property Tax RateTIE
1.56%
Price Change (1Y)BETTER
+5.1%
Price Change (5Y)BETTER
+25.8%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$41,215
Key Differences
Home Prices
Dayton's median home price of $195,315.28 is higher than Springfield's $193,527.09 by 1%.
Monthly Rent
Renting in Dayton costs $1,243.56/mo compared to $1,083.81/mo in Springfield—a difference of $159.75/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
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.