Property Prices in El Paso, TX, United States

Index Info
Price to Income Ratio: 2.22
Mortgage as Percentage of Income: 19.91%
Loan Affordability Index: 5.02
Price to Rent Ratio - City Centre: 8.67
Price to Rent Ratio - Outside of Centre: 9.31
Gross Rental Yield (City Centre): 11.53%
Gross Rental Yield (Outside of Centre): 10.74%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 968.33 $ 950.00-1,005.00
Apartment (1 bedroom) Outside of Centre 800.00 $ 800.00-800.00
Apartment (3 bedrooms) in City Centre 1,556.00 $ 1,268.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 1,575.00 $ 1,300.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 162.02 $ 162.02-162.02
Price per Square Feet to Buy Apartment Outside of Centre 157.35 $ 148.00-162.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,862.97 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.51 6.00-6.80

These data are based on 52 entries in the past 18 months from 18 different contributors.
Last update: March 2024

Sources and References
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