Property Prices in Charlotte, NC, United States

Index Info
Price to Income Ratio: 3.91
Mortgage as Percentage of Income: 34.85%
Loan Affordability Index: 2.87
Price to Rent Ratio - City Centre: 9.27
Price to Rent Ratio - Outside of Centre: 7.67
Gross Rental Yield (City Centre): 10.79%
Gross Rental Yield (Outside of Centre): 13.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,026.67 $ 1,600.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,752.13 $ 1,400.00-2,000.00
Apartment (3 bedrooms) in City Centre 4,252.86 $ 2,600.00-5,600.00
Apartment (3 bedrooms) Outside of Centre 2,768.12 $ 2,000.00-3,440.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 409.18 $ 238.76-679.99
Price per Square Feet to Buy Apartment Outside of Centre 257.26 $ 217.02-343.74
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,590.88 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.47 5.90-6.80

These data are based on 175 entries in the past 18 months from 37 different contributors.
Last update: July 2024

Sources and References
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