Property Prices in Columbia, SC, United States

Index Info
Price to Income Ratio: 4.29
Mortgage as Percentage of Income: 39.14%
Loan Affordability Index: 2.55
Price to Rent Ratio - City Centre: 18.04
Price to Rent Ratio - Outside of Centre: 8.67
Gross Rental Yield (City Centre): 5.54%
Gross Rental Yield (Outside of Centre): 11.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,350.00 $ 1,000.00-1,800.00
Apartment (1 bedroom) Outside of Centre 933.33 $ 700.00-1,100.00
Apartment (3 bedrooms) in City Centre 2,375.00 $ 2,000.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,383.33 $ 1,200.00-1,500.00
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) 4,016.45 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.76 6.19-7.00

These data are based on 50 entries in the past 18 months from 16 different contributors.
Last update: July 2024

Sources and References
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