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)BETTER
-5.1%
Price Change (5Y)BETTER
-25.7%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$109,145
Median Home PriceBETTER
$361,621.35
Median RentBETTER
$2,031.75/mo
Price-to-Rent Ratio
14.8
Property Tax RateTIE
0.89%
Price Change (1Y)
-8.5%
Price Change (5Y)
-42.6%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$116,888
Key Differences
Home Prices
Pembroke Pines's median home price of $419,725.25 is higher than St. Petersburg's $361,621.35 by 16%.
Monthly Rent
Renting in Pembroke Pines costs $2,466.42/mo compared to $2,031.75/mo in St. Petersburg—a difference of $434.67/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.