Property Prices in Grand Rapids, MI, United States

Index Info
Price to Income Ratio: 2.36
Mortgage as Percentange of Income: 17.37%
Loan Affordability Index: 5.76
Price to Rent Ratio - City Centre: 5.93
Price to Rent Ratio - Outside of Centre: 4.86
Gross Rental Yield (City Centre): 16.88%
Gross Rental Yield (Outside of Centre): 20.56%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,280.00 $ 800.00-1,800.00
Apartment (1 bedroom) Outside of Centre 857.00 $ 650.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,114.29 $ 1,200.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,375.00 $ 1,200.00-1,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 148.04 $ 131.44-175.00
Price per Square Feet to Buy Apartment Outside of Centre 80.38 $ 63.22-150.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,610.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.16 3.30-4.54

These data are based on 78 entries in the past 18 months from 17 different contributors.
Last update: April 2019

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DeutschImmobilienpreise in Grand Rapids
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