Median Home PriceBETTER
$289,432.44
Median RentBETTER
$1,582.39/mo
Price-to-Rent Ratio
15.2
Property Tax RateTIE
0.89%
Price Change (1Y)BETTER
-4.2%
Price Change (5Y)BETTER
-21.2%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceTIE
$108,961
Median Home Price
$419,725.25
Median Rent
$2,466.42/mo
Price-to-Rent RatioBETTER
14.2
Property Tax RateTIE
0.89%
Price Change (1Y)
-5.1%
Price Change (5Y)
-25.7%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceTIE
$109,145
Key Differences
Home Prices
Jacksonville's median home price of $289,432.44 is lower than Pembroke Pines's $419,725.25 by 31%.
Monthly Rent
Renting in Jacksonville costs $1,582.39/mo compared to $2,466.42/mo in Pembroke Pines—a difference of $884.03/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.