Median Home Price
$237,642.27
Median Rent
$1,381.85/mo
Price-to-Rent Ratio
14.3
Property Tax RateTIE
0.97%
Price Change (1Y)BETTER
+1.3%
Price Change (5Y)BETTER
+6.3%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$98,451
Median Home PriceBETTER
$175,440.91
Median RentBETTER
$1,284.48/mo
Price-to-Rent RatioBETTER
11.4
Property Tax RateTIE
0.97%
Price Change (1Y)
+0.9%
Price Change (5Y)
+4.5%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$37,880
Key Differences
Home Prices
Lee's Summit's median home price of $237,642.27 is higher than St. Louis's $175,440.91 by 35%.
Monthly Rent
Renting in Lee's Summit costs $1,381.85/mo compared to $1,284.48/mo in St. Louis—a difference of $97.37/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.