Property Prices in Ann Arbor, MI, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.20 |
| Mortgage as Percentage of Income: | 28.68% |
| Loan Affordability Index: | 3.49 |
| Price to Rent Ratio - City Centre: | 9.02 |
| Price to Rent Ratio - Outside of Centre: | 9.40 |
| Gross Rental Yield (City Centre): | 11.08% |
| Gross Rental Yield (Outside of Centre): | 10.64% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,829.09 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,308.33 $ | |
| Apartment (3 bedrooms) in City Centre | 3,612.50 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,420.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 349.16 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 252.33 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,057.65 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.52 |
These data are based on 106 entries in the past 18 months from 26 different contributors.
Last update: May 2024
Sources and References
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Nearby cities:| Property Prices in Ypsilanti, Michigan | 10.94 miles |
| Property Prices in Plymouth, Michigan | 19.80 miles |
| Property Prices in Fowlerville, Michigan | 39.45 miles |
| Property Prices in Detroit, Michigan | 43.25 miles |
| Property Prices in Toledo, Ohio | 50.97 miles |
| Property Prices in Saint Johns, Michigan | 85.30 miles |
| Property Prices in Tiffin, Ohio | 102.35 miles |
| Property Prices in Allegan, Michigan | 126.05 miles |
| Property Prices in Grand Rapids, Michigan | 133.96 miles |
| Property Prices in Ashland, Ohio | 145.05 miles |
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