Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 3.42
Mortgage as Percentage of Income: 24.43%
Loan Affordability Index: 4.09
Price to Rent Ratio - City Centre: 11.66
Price to Rent Ratio - Outside of Centre: 8.74
Gross Rental Yield (City Centre): 8.58%
Gross Rental Yield (Outside of Centre): 11.44%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,703.34 $ 1,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,091.27 $ 950.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,119.23 $ 2,000.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 1,848.89 $ 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 405.69 $ 175.00-1,322.79
Price per Square Feet to Buy Apartment Outside of Centre 188.29 $ 136.77-300.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,667.13 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.78 2.50-4.50

These data are based on 333 entries in the past 18 months from 59 different contributors.
Last update: January 2021

Sources and References
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