Property Prices in Ann Arbor, MI, United States

Index Info
Price to Income Ratio: 4.45
Mortgage as Percentange of Income: 33.27%
Loan Affordability Index: 3.01
Price to Rent Ratio - City Centre: 10.84
Price to Rent Ratio - Outside of Centre: 10.60
Gross Rental Yield (City Centre): 9.23%
Gross Rental Yield (Outside of Centre): 9.44%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,503.85 $ 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,006.36 $ 750.00-1,300.00
Apartment (3 bedrooms) in City Centre 3,063.64 $ 2,000.00-4,600.00
Apartment (3 bedrooms) Outside of Centre 1,913.64 $ 1,450.00-2,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 350.00 $ 220.00-450.00
Price per Square Feet to Buy Apartment Outside of Centre 221.66 $ 120.00-350.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,460.14 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.33 3.80-4.54

These data are based on 87 entries in the past 18 months from 21 different contributors.
Last update: June 2019

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