Property Prices in Biloxi, MS, United States

Index Info
Price to Income Ratio: 4.76
Mortgage as Percentage of Income: 36.24%
Loan Affordability Index: 2.76
Price to Rent Ratio - City Centre: 10.94
Price to Rent Ratio - Outside of Centre: 7.44
Gross Rental Yield (City Centre): 9.14%
Gross Rental Yield (Outside of Centre): 13.44%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 800.00 $ 800.00-800.00
Apartment (1 bedroom) Outside of Centre 666.67 $ 500.00-850.00
Apartment (3 bedrooms) in City Centre 1,100.00 $ 1,000.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 950.00 $ 850.00-1,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 158.52 $ 100.60-251.20
Price per Square Feet to Buy Apartment Outside of Centre 91.11 $ 82.60-98.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,412.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.54 4.25-4.54

These data are based on 36 entries in the past 18 months from 11 different contributors.
Last update: December 2020

Sources and References
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