Property Prices in Charlotte, NC, United States

Index Info
Price to Income Ratio: 2.98
Mortgage as Percentage of Income: 21.08%
Loan Affordability Index: 4.74
Price to Rent Ratio - City Centre: 10.39
Price to Rent Ratio - Outside of Centre: 7.52
Gross Rental Yield (City Centre): 9.62%
Gross Rental Yield (Outside of Centre): 13.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,552.50 $ 1,400.00-1,850.00
Apartment (1 bedroom) Outside of Centre 1,064.23 $ 900.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,784.26 $ 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,794.23 $ 1,400.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 326.50 $ 293.00-400.00
Price per Square Feet to Buy Apartment Outside of Centre 157.55 $ 112.76-250.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,378.37 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.71 2.50-4.00

These data are based on 260 entries in the past 18 months from 50 different contributors.
Last update: March 2021

Sources and References
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