Property Prices in Columbia, SC, United States

Index Info
Price to Income Ratio: 4.17
Mortgage as Percentage of Income: 38.19%
Loan Affordability Index: 2.62
Price to Rent Ratio - City Centre: 16.84
Price to Rent Ratio - Outside of Centre: 8.74
Gross Rental Yield (City Centre): 5.94%
Gross Rental Yield (Outside of Centre): 11.45%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,466.67 $ 1,300.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,050.00 $ 1,000.00-1,100.00
Apartment (3 bedrooms) in City Centre 2,500.00 $ 2,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,100.00 $ 650.00-1,450.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 488.65 $ 150.97-1,149.99
Price per Square Feet to Buy Apartment Outside of Centre 150.97 $ 150.97-150.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,123.42 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.79 6.19-7.00

These data are based on 46 entries in the past 18 months from 17 different contributors.
Last update: February 2024

Sources and References
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