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Property Prices in Detroit, MI, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.67 |
| Mortgage as Percentange of Income: | 12.48% |
| Loan Affordability Index: | 8.01 |
| Price to Rent Ratio - City Centre: | 2.61 |
| Price to Rent Ratio - Outside of Centre: | 4.71 |
| Gross Rental Yield (City Centre): | 38.33% |
| Gross Rental Yield (Outside of Centre): | 21.25% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,174.71 $ | |
| Apartment (1 bedroom) Outside of Centre | 788.75 $ | |
| Apartment (3 bedrooms) in City Centre | 1,893.33 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,339.29 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 59.19 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 73.32 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,129.11 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.28 |
These data are based on 111 entries in the past 18 months from 20 different contributors.
Last update: April 2019
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
This page in other languages:
DeutschImmobilienpreise in Detroit
ItalianoPrezzi delle proprietà immobiliari a Detroit
FrançaisPrix de l'immobilier à Détroit
EspañolPrecios de Inmuebles en Detroit
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