Median Home PriceBETTER
$361,621.35
Median Rent
$2,031.75/mo
Price-to-Rent RatioBETTER
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 DifferenceBETTER
$116,888
Median Home Price
$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
St. Petersburg's median home price of $361,621.35 is lower than Tampa's $373,641.61 by 3%.
Monthly Rent
Renting in St. Petersburg costs $2,031.75/mo compared to $2,008.84/mo in Tampa—a difference of $22.91/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.