Rochester vs Syracuse
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Syracuse has an edge
Syracuse edges ahead based on overall market conditions.
Median Home Price
$269,412.43
Median RentBETTER
$1,499.49/mo
Price-to-Rent Ratio
15.0
Property Tax RateTIE
1.72%
Price Change (1Y)
+3.0%
Price Change (5Y)
+14.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$113,698
Median Home PriceBETTER
$264,378.2
Median Rent
$1,627.12/mo
Price-to-Rent RatioBETTER
13.5
Property Tax RateTIE
1.72%
Price Change (1Y)BETTER
+5.6%
Price Change (5Y)BETTER
+28.0%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$9,748
Key Differences
Home Prices
Rochester's median home price of $269,412.43 is higher than Syracuse's $264,378.2 by 2%.
Monthly Rent
Renting in Rochester costs $1,499.49/mo compared to $1,627.12/mo in Syracuse—a difference of $127.63/mo.
Buy vs Rent Verdict
Rochester favors renting, while Syracuse favors either option.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.