Department of Numbers

Home Affordability Ratios by Metropolitan Area

The metro price-to-income and price-to-rent ratios below are calculated from Realtor home prices and Census income and rent data. The ratios below are current through December 2013 when the last Realtor metro home price data was released. Click on a city below for more detail or check some of the other home affordability metrics available.

Home Income and Rent Ratios Using Realtor Prices by City

City, State Price-to-Income
(Dollar Ratio)
Adj. Price-to-Rent
(Dollar Ratio)
Adj. Rent-to-Mortgage
(Dollar Ratio)
 US 3.86 20.61 0.80
 Birmingham, Alabama 3.46 21.51 0.77
 Decatur, Alabama 2.59 18.74 0.88
 Huntsville, Alabama 3.15 24.72 0.67
 Mobile, Alabama 2.64 14.62 1.13
 Montgomery, Alabama 2.90 17.02 0.97
 Phoenix, Arizona 3.75 20.86 0.79
 Tucson, Arizona 3.80 20.32 0.81
 Little Rock, Arkansas 2.75 17.62 0.94
 Los Angeles, California 7.39 28.62 0.58
 Riverside, California 5.10 23.81 0.69
 Sacramento, California 4.41 23.29 0.71
 San Diego, California 7.90 33.02 0.50
 San Francisco, California 9.11 38.93 0.42
 San Jose, California 8.54 42.09 0.39
 Boulder, Colorado 6.61 32.28 0.51
 Colorado Springs, Colorado 3.93 22.35 0.74
 Denver, Colorado 4.54 25.18 0.66
 Bridgeport, Connecticut 4.73 26.35 0.63
 Hartford, Connecticut 3.30 18.99 0.87
 New Haven, Connecticut 3.69 17.85 0.93
 Norwich, Connecticut 2.70 14.35 1.15
 Dover, Delaware 3.35 17.70 0.93
 Cape Coral, Florida 3.57 21.52 0.77
 Deltona, Florida 3.08 15.60 1.06
 Gainesville, Florida 4.04 21.07 0.78
 Jacksonville, Florida 3.30 15.72 1.05
 Lakeland, Florida 2.96 17.32 0.95
 Miami, Florida 5.46 21.34 0.77
 Naples, Florida 5.74 38.85 0.43
 Ocala, Florida 2.73 16.21 1.02
 Orlando, Florida 3.60 16.79 0.98
 Palm Bay, Florida 2.84 15.41 1.07
 Palm Coast, Florida 3.47 16.07 1.03
 Panama City, Florida 3.38 18.91 0.87
 Pensacola, Florida 2.99 15.92 1.04
 Port St Lucie, Florida 3.39 18.36 0.90
 Punta Gorda, Florida 3.03 17.27 0.96
 Sebastian, Florida 3.73 18.91 0.87
 Tallahassee, Florida 3.76 19.88 0.83
 Tampa, Florida 3.21 15.36 1.08
 Atlanta, Georgia 2.61 14.73 1.12
 Honolulu, Hawaii 9.39 36.47 0.45
 Boise City, Idaho 3.45 20.58 0.80
 Bloomington, Illinois 2.32 15.83 1.04
 Champaign, Illinois 2.73 14.26 1.16
 Chicago, Illinois 3.16 16.67 0.99
 Kankakee, Illinois 2.21 12.47 1.33
 Peoria, Illinois 2.09 15.28 1.08
 Rockford, Illinois 1.61 10.46 1.58
 Springfield, Illinois 1.89 14.47 1.14
 Fort Wayne, Indiana 2.07 14.03 1.18
 Indianapolis, Indiana 2.63 15.52 1.06
 South Bend, Indiana 2.26 13.47 1.23
 Cedar Rapids, Iowa 2.53 18.55 0.89
 Davenport, Iowa 2.19 14.40 1.15
 Des Moines, Iowa 2.83 18.62 0.89
 Waterloo, Iowa 2.43 15.59 1.06
 Topeka, Kansas 2.24 15.49 1.07
 Wichita, Kansas 2.45 16.02 1.03
 Lexington, Kentucky 2.89 17.29 0.96
 Louisville, Kentucky 2.77 17.87 0.92
 Baton Rouge, Louisiana 3.37 20.45 0.81
 New Orleans, Louisiana 3.61 16.18 1.02
 Shreveport, Louisiana 3.52 22.06 0.75
 Portland, Maine 4.24 19.48 0.85
 Baltimore, Maryland 3.61 19.49 0.85
 Cumberland, Maryland 2.51 11.90 1.39
 Hagerstown, Maryland 2.84 16.66 0.99
 Barnstable Town, Massachusetts 5.72 31.29 0.53
 Boston, Massachusetts 5.18 23.99 0.69
 Pittsfield, Massachusetts 4.06 20.44 0.81
 Springfield, Massachusetts 3.56 19.45 0.85
 Worcester, Massachusetts 3.65 20.32 0.81
 Grand Rapids, Michigan 2.49 15.05 1.10
 Lansing, Michigan 2.23 12.63 1.31
 Minneapolis, Minnesota 2.97 17.23 0.96
 Gulfport, Mississippi 2.63 13.35 1.24
 Jackson, Mississippi 3.37 19.58 0.84
 Columbia, Missouri 3.57 19.58 0.84
 Kansas City, Missouri 2.83 17.20 0.96
 Springfield, Missouri 2.79 16.51 1.00
 St Louis, Missouri 2.49 15.60 1.06
 Lincoln, Nebraska 2.83 16.51 1.00
 Omaha, Nebraska 2.63 15.66 1.05
 Las Vegas, Nevada 3.74 19.41 0.85
 Reno, Nevada 4.65 24.24 0.68
 Manchester, New Hampshire 3.21 17.11 0.97
 Atlantic City, New Jersey 4.24 19.26 0.86
 Trenton, New Jersey 3.43 17.94 0.92
 Albuquerque, New Mexico 3.73 20.04 0.82
 Farmington, New Mexico 3.85 26.37 0.63
 Albany, New York 3.28 18.57 0.89
 Binghamton, New York 2.26 12.98 1.27
 Buffalo, New York 2.55 15.45 1.07
 Elmira, New York 2.16 11.75 1.41
 Glens Falls, New York 3.03 17.77 0.93
 Kingston, New York 3.44 16.32 1.01
 New York, New York 6.04 25.97 0.64
 Rochester, New York 2.42 13.06 1.27
 Syracuse, New York 2.44 14.48 1.14
 Charlotte, North Carolina 3.29 19.43 0.85
 Durham, North Carolina 3.66 19.78 0.84
 Fayetteville, North Carolina 3.10 16.99 0.97
 Greensboro, North Carolina 3.04 17.07 0.97
 Raleigh, North Carolina 3.31 20.40 0.81
 Winston, North Carolina 2.94 18.05 0.92
 Bismarck, North Dakota 3.57 22.71 0.73
 Fargo, North Dakota 3.28 16.46 1.00
 Akron, Ohio 2.15 12.60 1.31
 Cincinnati, Ohio 2.45 15.51 1.07
 Cleveland, Ohio 2.40 13.26 1.25
 Columbus, Ohio 2.53 15.87 1.04
 Dayton, Ohio 2.23 14.65 1.13
 Toledo, Ohio 1.86 11.44 1.44
 Oklahoma City, Oklahoma 3.07 19.32 0.86
 Tulsa, Oklahoma 2.89 19.18 0.86
 Portland, Oregon 4.69 25.56 0.65
 Salem, Oregon 4.04 23.27 0.71
 Allentown, Pennsylvania 3.58 18.18 0.91
 Erie, Pennsylvania 2.40 14.31 1.16
 Philadelphia, Pennsylvania 3.57 18.45 0.90
 Reading, Pennsylvania 2.84 17.72 0.93
 York, Pennsylvania 2.69 17.70 0.93
 Providence, Rhode Island 4.20 21.53 0.77
 Charleston, South Carolina 4.48 22.92 0.72
 Columbia, South Carolina 3.08 19.75 0.84
 Florence, South Carolina 3.28 21.71 0.76
 Greenville, South Carolina 3.65 21.12 0.78
 Spartanburg, South Carolina 3.19 19.94 0.83
 Sioux Falls, South Dakota 2.96 16.83 0.98
 Chattanooga, Tennessee 2.99 18.27 0.90
 Knoxville, Tennessee 3.23 18.15 0.91
 Memphis, Tennessee 2.77 17.07 0.97
 Nashville, Tennessee 3.34 18.46 0.90
 Abilene, Texas 2.85 17.31 0.95
 Amarillo, Texas 3.02 18.27 0.90
 Austin, Texas 3.71 19.53 0.85
 Beaumont, Texas 3.15 18.51 0.89
 Corpus Christi, Texas 3.12 17.93 0.92
 Dallas, Texas 3.05 17.30 0.96
 El Paso, Texas 3.56 17.53 0.94
 Houston, Texas 3.26 18.51 0.89
 San Antonio, Texas 3.33 19.07 0.87
 Burlington, Vermont 4.62 22.74 0.73
 Virginia Beach, Virginia 3.30 16.56 1.00
 Kennewick, Washington 3.27 22.35 0.74
 Seattle, Washington 5.24 26.19 0.63
 Spokane, Washington 3.59 19.04 0.87
 Yakima, Washington 3.62 23.46 0.70
 Charleston, West Virginia 2.69 20.56 0.80
 Appleton, Wisconsin 2.39 16.28 1.01
 Fond du Lac, Wisconsin 2.17 13.64 1.21
 Green Bay, Wisconsin 2.57 15.64 1.06
 Madison, Wisconsin 3.71 19.97 0.83
 Milwaukee, Wisconsin 3.64 20.22 0.82
 Oshkosh, Wisconsin 2.52 16.85 0.98