Ratio of the median home price to the 20-year rent price, June 2024
Among the 100 most populous U.S. metro areas for which data is available
The San Jose metro area has the highest ratio at 2.2, with a price of $1.5 million and median rent of $2,979. It was followed by Bozeman, Montana; Santa Maria, California; and San Francisco, California, each with a ratio of 1.9. The national ratio was 1.0.