Median Home PriceBETTER
$277,739.66
Median RentBETTER
$1,583.64/mo
Price-to-Rent RatioBETTER
14.6
Property Tax RateTIE
1.80%
Price Change (1Y)BETTER
-2.6%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$136,727
Median Home Price
$489,436.57
Median Rent
$1,731.54/mo
Price-to-Rent Ratio
23.6
Property Tax RateTIE
1.80%
Price Change (1Y)
-5.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$419,422
Key Differences
Home Prices
Houston's median home price of $277,739.66 is lower than Plano's $489,436.57 by 43%.
Monthly Rent
Renting in Houston costs $1,583.64/mo compared to $1,731.54/mo in Plano—a difference of $147.9/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.