Median Home PriceTIE
$219,315.02
Median RentTIE
$1,299.74/mo
Price-to-Rent RatioTIE
14.1
Property Tax RateTIE
0.90%
Price Change (1Y)TIE
-0.3%
Price Change (5Y)TIE
-1.7%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceTIE
$71,872
Median Home PriceTIE
$219,315.02
Median RentTIE
$1,299.74/mo
Price-to-Rent RatioTIE
14.1
Property Tax RateTIE
0.90%
Price Change (1Y)TIE
-0.3%
Price Change (5Y)TIE
-1.7%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceTIE
$71,872
Key Differences
Home Prices
Edmond's median home price of $219,315.02 is lower than Oklahoma City's $219,315.02 by 0%.
Monthly Rent
Renting in Edmond costs $1,299.74/mo compared to $1,299.74/mo in Oklahoma City—a difference of $0/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.