Property Prices in El Paso, TX, United States

Index Info
Price to Income Ratio: 2.30
Mortgage as Percentage of Income: 17.10%
Loan Affordability Index: 5.85
Price to Rent Ratio - City Centre: 11.94
Price to Rent Ratio - Outside of Centre: 5.91
Gross Rental Yield (City Centre): 8.38%
Gross Rental Yield (Outside of Centre): 16.92%
Rent Per Month
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Apartment (1 bedroom) in City Centre 698.75 $ 650.00-800.00
Apartment (1 bedroom) Outside of Centre 646.88 $ 525.00-900.00
Apartment (3 bedrooms) in City Centre 1,219.94 $ 1,192.50-1,500.00
Apartment (3 bedrooms) Outside of Centre 1,066.60 $ 992.00-1,250.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 166.77 $ 101.54-271.94
Price per Square Feet to Buy Apartment Outside of Centre 74.56 $ 71.54-76.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,824.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.26 3.25-5.00

These data are based on 113 entries in the past 18 months from 28 different contributors.
Last update: June 2021

Sources and References
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