Property Prices in Grand Rapids, MI, United States

Index Info
Price to Income Ratio: 2.46
Mortgage as Percentange of Income: 18.09%
Loan Affordability Index: 5.53
Price to Rent Ratio - City Centre: 6.73
Price to Rent Ratio - Outside of Centre: 5.56
Gross Rental Yield (City Centre): 14.86%
Gross Rental Yield (Outside of Centre): 18.00%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,181.82 $ 700.00-1,500.00
Apartment (1 bedroom) Outside of Centre 801.82 $ 620.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,833.33 $ 1,200.00-2,700.00
Apartment (3 bedrooms) Outside of Centre 1,266.67 $ 900.00-1,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 151.17 $ 131.44-200.00
Price per Square Feet to Buy Apartment Outside of Centre 85.33 $ 63.22-120.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,583.28 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.11 3.30-4.54

These data are based on 82 entries in the past 18 months from 18 different contributors.
Last update: February 2019

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DeutschImmobilienpreise in Grand Rapids
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