Property Prices in Charlotte, NC, United States

Index Info
Price to Income Ratio: 3.79
Mortgage as Percentage of Income: 33.80%
Loan Affordability Index: 2.96
Price to Rent Ratio - City Centre: 9.06
Price to Rent Ratio - Outside of Centre: 7.49
Gross Rental Yield (City Centre): 11.04%
Gross Rental Yield (Outside of Centre): 13.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,016.67 $ 1,600.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,816.55 $ 1,750.00-1,950.00
Apartment (3 bedrooms) in City Centre 4,474.00 $ 2,900.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,783.85 $ 2,000.00-3,425.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 409.18 $ 238.76-679.99
Price per Square Feet to Buy Apartment Outside of Centre 257.26 $ 217.02-343.74
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,729.38 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 5.90-6.80

These data are based on 154 entries in the past 18 months from 38 different contributors.
Last update: April 2024

Sources and References
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