Median Home PriceBETTER
$446,036.58
Median RentBETTER
$1,805.55/mo
Price-to-Rent RatioBETTER
20.6
Property Tax RateTIE
0.97%
Price Change (1Y)BETTER
-0.1%
Price Change (5Y)BETTER
-0.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$277,740
Median Home Price
$603,031.66
Median Rent
$1,944/mo
Price-to-Rent Ratio
25.9
Property Tax RateTIE
0.97%
Price Change (1Y)
-0.2%
Price Change (5Y)
-1.0%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$459,458
Key Differences
Home Prices
Eugene's median home price of $446,036.58 is lower than Lake Oswego's $603,031.66 by 26%.
Monthly Rent
Renting in Eugene costs $1,805.55/mo compared to $1,944/mo in Lake Oswego—a difference of $138.45/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.