Home Price-to-Rent Ratio (Zillow)

Home value divided by annual rent across 700+ metros — above 20x suggests renting is more favorable

15.8x52nd percentile
1M: ↓ 0.0x

As of 2026-09-30 · Updated October 20, 2026

Geography:

What it means

  • Compares the typical home value in each metro to a year of rent for a similar place there.
  • Below 15: home prices are low relative to rents. 15–20: a typical range. Above 20: home prices are high relative to rents.
  • Uses Zillow's home value and rent indices, both already in dollars — no anchoring needed.
  • Data provided by Zillow Group.
Data Sources