Median Home PriceBETTER
$292,367.98
Median RentBETTER
$999.24/mo
Price-to-Rent Ratio
24.4
Property Tax RateTIE
1.13%
Price Change (1Y)BETTER
+3.0%
Price Change (5Y)BETTER
+14.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$210,792
Median Home Price
$326,548.05
Median Rent
$1,504.11/mo
Price-to-Rent RatioBETTER
18.1
Property Tax RateTIE
1.13%
Price Change (1Y)
+1.3%
Price Change (5Y)
+6.6%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$205,672
Key Differences
Home Prices
Moorhead's median home price of $292,367.98 is lower than St. Paul's $326,548.05 by 10%.
Monthly Rent
Renting in Moorhead costs $999.24/mo compared to $1,504.11/mo in St. Paul—a difference of $504.87/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.