price_to_rent_ratio
Compute the buy-vs-rent price-to-rent ratio for a US metro or state: Zillow home value (ZHVI) divided by annualized rent (ZORI x 12). Returns the ratio plus a rule-of-thumb signal (below ~15 favors buying, above ~20 favors renting). Premium synthesis over the real-estate market store. Rule-of-thumb only, not financial advice.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| region | Yes | Metro or state name/id (e.g. 'Austin, TX', 'California', or a Zillow region id). | |
| region_type | No | Optional region type filter: 'metro' or 'state'. |