Property Prices in Columbia, SC, United States

Index Info
Price to Income Ratio: 2.33
Mortgage as Percentage of Income: 16.96%
Loan Affordability Index: 5.90
Price to Rent Ratio - City Centre: 8.62
Price to Rent Ratio - Outside of Centre: 4.72
Gross Rental Yield (City Centre): 11.60%
Gross Rental Yield (Outside of Centre): 21.20%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,003.33 $ 825.00-1,200.00
Apartment (1 bedroom) Outside of Centre 790.38 $ 700.00-933.00
Apartment (3 bedrooms) in City Centre 1,600.00 $ 1,200.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,268.50 $ 1,000.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 166.31 $ 159.20-169.65
Price per Square Feet to Buy Apartment Outside of Centre 71.88 $ 54.58-90.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,750.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.01 3.00-4.50

These data are based on 97 entries in the past 18 months from 24 different contributors.
Last update: February 2021

Sources and References
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