Property Prices in Raleigh, NC, United States

Index Info
Price to Income Ratio: 7.06
Mortgage as Percentage of Income: 63.48%
Loan Affordability Index: 1.58
Price to Rent Ratio - City Centre: 20.45
Price to Rent Ratio - Outside of Centre: 10.50
Gross Rental Yield (City Centre): 4.89%
Gross Rental Yield (Outside of Centre): 9.52%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,991.72 $ 1,500.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,650.90 $ 1,400.00-1,950.00
Apartment (3 bedrooms) in City Centre 3,614.48 $ 2,800.00-4,250.00
Apartment (3 bedrooms) Outside of Centre 2,934.32 $ 2,000.00-3,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 828.66 $ 475.00-998.99
Price per Square Feet to Buy Apartment Outside of Centre 349.50 $ 217.02-590.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,491.91 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.19-6.80

These data are based on 237 entries in the past 18 months from 49 different contributors.
Last update: May 2024

Sources and References
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