Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Buy a home in your town - or rent?

The following is a list of price-to-rent ratios, the median existing home price divided by the average annual rent you'd pay for a comparable home in the area.

Price-to-rent Ratio
Area Current 15-Year Average
1989-2003
Atlanta 15.72 13.42
Austin 22.88 15.79
Baltimore 16.75 11.30
Boston 21.87 16.50
Bridgeport-Stamford, CT 28.27 19.39
Charlotte, NC 22.09 16.17
Chicago 16.64 15.80
Cincinnati 15.63 14.58
Cleveland 13.47 13.24
Columbus, OH 17.60 15.68
Dallas 17.83 16.43
Denver 21.92 16.30
Detroit 7.16 9.87
Fort Lauderdale 15.95 13.36
Hartford 19.32 13.51
Honolulu 34.63 23.11
Houston 16.67 13.33
Indianapolis 16.60 14.12
Jacksonville 15.62 12.12
Kansas City, MO 17.10 13.62
Las Vegas 13.21 14.96
Los Angeles 14.67 12.12
Memphis 16.34 15.75
Miami 16.44 12.19
Milwaukee 21.36 15.02
Minneapolis 14.77 13.48
Nashville 23.18 16.99
Nassau-Suffolk, NY 20.83 12.09
New Orleans 16.69 13.17
New York 14.67 9.42
Oakland 29.83 29.02
Oklahoma City 13.97 11.32
Orlando 12.89 12.49
Philadelphia 14.61 9.66
Phoenix 12.86 12.07
Pittsburgh 11.95 9.85
Portland, OR 26.14 17.36
Raleigh, NC 24.59 17.42
Richmond, VA 22.24 14.93
Riverside, CA 12.69 16.59
Sacramento 15.06 15.59
Salt Lake City 20.02 14.34
San Antonio 16.90 12.63
San Diego 21.19 18.18
San Francisco 30.05 24.38
San Jose 29.80 23.33
Santa Ana, CA 28.21 20.54
Seattle 25.78 17.77
St. Louis 16.72 13.01
Tampa 14.46 13.31
Trenton, NJ 19.03 13.83
Virginia Beach 22.82 16.52
Washington, DC 15.62 11.79
West Palm Beach 14.59 13.06
United States 10.85 9.02
Notes: Current ratio for third quarter of 2009, the most recent data available.
Metro areas are generally labeled by the largest city in that area
Sources: Fiserv, PPR, Moody's Economy.com
Find Your Next Car
Index Last Change % Change
Dow 22,349.59 -9.64 -0.04%
Nasdaq 6,426.92 4.23 0.07%
S&P 500 2,502.22 1.62 0.06%
Treasuries 2.26 -0.02 -0.70%
Data as of 10:55pm ET
Company Price Change % Change
Bank of America Corp... 25.02 -0.14 -0.56%
Advanced Micro Devic... 13.30 -0.11 -0.82%
Apple Inc 151.89 -1.50 -0.98%
General Electric Co 24.87 0.12 0.48%
Ford Motor Co 11.84 0.12 1.02%
Data as of Sep 22

Sections

The shutdown, which raised protests from navigator groups, will occur from midnight to noon on on all but one Sunday. More

As if Uber's new CEO didn't already have his work cut out for him, Dara Khosrowshahi has to deal with losing London. More

When you're making big career decisions, you turn to your mentors and your trusted peers. But how do you find these mentors and trusted peers in the first place? More