Property Prices in Greensboro, NC, United States

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Index
Price to Income Ratio:	2.88
Mortgage as Percentage of Income:	26.17%
Loan Affordability Index:	3.82
Price to Rent Ratio - City Centre:	6.26
Price to Rent Ratio - Outside of Centre:	9.17
Gross Rental Yield (City Centre):	15.98%
Gross Rental Yield (Outside of Centre):	10.91%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,512.50 $	950.00-2,200.00
Apartment (1 bedroom) Outside of Centre	1,110.75 $	1,000.00-1,400.00
Apartment (3 bedrooms) in City Centre	2,350.00 $	1,700.00-3,500.00
Apartment (3 bedrooms) Outside of Centre	1,640.00 $	1,400.00-2,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	180.01 $	170.01-200.00
Price per Square Feet to Buy Apartment Outside of Centre	189.67 $	170.01-229.00
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,457.98 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.71	6.19-7.00

These data are based on 64 entries in the past 18 months from 22 different contributors.
Last update: May 2024

Sources and References

Nearby cities:

Property Prices in Winston-Salem, North Carolina	28.77 miles
Property Prices in Durham, North Carolina	54.40 miles
Property Prices in Raleigh, North Carolina	77.92 miles
Property Prices in Charlotte, North Carolina	91.02 miles
Property Prices in Hope Mills, North Carolina	97.89 miles
Property Prices in Roanoke, Virginia	99.59 miles
Property Prices in Asheville, North Carolina	172.53 miles
Property Prices in Columbia, South Carolina	184.17 miles
Property Prices in Greenville, South Carolina	189.58 miles
Property Prices in Richmond, Virginia	204.37 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	64,600.00
GDP Growth Rate:	1.94%
Population Growth Rate:	0.68%