The price-to-rent ratio helps determine if buying or renting is more affordable in a city by dividing median home price by annual rent. Ratios below 18 favor buying; above 18 favor renting. In 52 U.S. cities, ratios vary widely, with places like San Jose at 45 and Detroit near 8. Factors like market conditions and disasters affect ratios, guiding decisions for residents and investors.
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