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 DifferenceBETTER
$109,145
Median Home PriceBETTER
$373,641.61
Median RentBETTER
$2,008.84/mo
Price-to-Rent Ratio
15.5
Property Tax RateTIE
0.89%
Price Change (1Y)BETTER
-4.6%
Price Change (5Y)BETTER
-23.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$137,121
Key Differences
Home Prices
Pembroke Pines's median home price of $419,725.25 is higher than Tampa's $373,641.61 by 12%.
Monthly Rent
Renting in Pembroke Pines costs $2,466.42/mo compared to $2,008.84/mo in Tampa—a difference of $457.58/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.