Property Prices in Garland, TX, United States

Index Info
Price to Income Ratio: 2.50
Mortgage as Percentage of Income: 19.01%
Loan Affordability Index: 5.26
Price to Rent Ratio - City Centre: 9.45
Price to Rent Ratio - Outside of Centre: 7.18
Gross Rental Yield (City Centre): 10.59%
Gross Rental Yield (Outside of Centre): 13.92%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,125.00 $ 1,000.00-1,200.00
Apartment (1 bedroom) Outside of Centre 900.00 $ 850.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,575.00 $ 1,400.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,262.50 $ 1,150.00-1,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 193.86 $ 127.75-294.39
Price per Square Feet to Buy Apartment Outside of Centre 118.03 $ 113.75-124.00
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,352.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.50 3.50-5.00

These data are based on 68 entries in the past 18 months from 22 different contributors.
Last update: June 2021

Sources and References
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