Median Home Price
$360,670.01
Median Rent
$1,699.79/mo
Price-to-Rent Ratio
17.7
Property Tax RateTIE
0.97%
Price Change (1Y)BETTER
+1.3%
Price Change (5Y)BETTER
+6.4%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$207,433
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
O'Fallon's median home price of $360,670.01 is higher than St. Louis's $175,440.91 by 106%.
Monthly Rent
Renting in O'Fallon costs $1,699.79/mo compared to $1,284.48/mo in St. Louis—a difference of $415.31/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.