Property Prices in Charlotte, NC, United States

Index Info
Price to Income Ratio: 2.83
Mortgage as Percentage of Income: 19.67%
Loan Affordability Index: 5.08
Price to Rent Ratio - City Centre: 10.06
Price to Rent Ratio - Outside of Centre: 7.07
Gross Rental Yield (City Centre): 9.94%
Gross Rental Yield (Outside of Centre): 14.15%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,580.92 $ 1,400.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,069.66 $ 900.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,825.95 $ 2,400.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,718.36 $ 1,400.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 321.35 $ 254.18-400.00
Price per Square Feet to Buy Apartment Outside of Centre 145.83 $ 112.76-220.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,444.85 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.49 2.50-4.00

These data are based on 240 entries in the past 18 months from 54 different contributors.
Last update: June 2021

Sources and References
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