Median Home PriceBETTER
$269,412.43
Median Rent
$1,499.49/mo
Price-to-Rent RatioBETTER
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 DifferenceBETTER
$113,698
Median Home Price
$308,799.62
Median RentBETTER
$1,479.27/mo
Price-to-Rent Ratio
17.4
Property Tax RateTIE
1.72%
Price Change (1Y)BETTER
+4.5%
Price Change (5Y)BETTER
+22.8%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$123,804
Key Differences
Home Prices
Rochester's median home price of $269,412.43 is lower than Troy's $308,799.62 by 13%.
Monthly Rent
Renting in Rochester costs $1,499.49/mo compared to $1,479.27/mo in Troy—a difference of $20.22/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.