Price-to-Rent Ratio Calculator
Want to know if renting or buying is right for you right now?
What is a good price-to-rent ratio number?!
< 16
Rent Is High
If your number is LOWER than 16, rent is high in your area!
16 - 20
Average
On average, price-to-rent ratios hover around 16-20.
> 20
Rent Is Low
If your number is HIGHER than 20, rent is low in your area!
These calculations are just a suggestion and do not constitute financial advice.
Want to know why I'm renting in NYC?
I break down my decision to keep renting, how much I'm paying in rent per year, moving costs, and where my money is going (aside from insane rent costs)
Thank you!
