Median Home PriceBETTER
$532,579.23
Median RentBETTER
$1,858.6/mo
Price-to-Rent RatioBETTER
23.9
Property Tax RateBETTER
0.51%
Price Change (1Y)
-4.1%
Price Change (5Y)
-20.7%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$340,368
Median Home Price
$859,957.76
Median Rent
$2,809.35/mo
Price-to-Rent Ratio
25.5
Property Tax Rate
0.73%
Price Change (1Y)BETTER
-1.8%
Price Change (5Y)BETTER
-9.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$597,809
Key Differences
Home Prices
Denver's median home price of $532,579.23 is lower than Los Angeles's $859,957.76 by 38%.
Monthly Rent
Renting in Denver costs $1,858.6/mo compared to $2,809.35/mo in Los Angeles—a difference of $950.75/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.