Property Prices in Greensboro, NC, United States

Index Info
Price to Income Ratio: 2.37
Mortgage as Percentage of Income: 17.78%
Loan Affordability Index: 5.62
Price to Rent Ratio - City Centre: 7.96
Price to Rent Ratio - Outside of Centre: 6.42
Gross Rental Yield (City Centre): 12.56%
Gross Rental Yield (Outside of Centre): 15.58%
Rent Per Month
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Apartment (1 bedroom) in City Centre 975.00 $ 750.00-1,200.00
Apartment (1 bedroom) Outside of Centre 771.89 $ 700.00-850.09
Apartment (3 bedrooms) in City Centre 1,900.00 $ 1,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,478.57 $ 1,100.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 163.26 $ 130.00-213.66
Price per Square Feet to Buy Apartment Outside of Centre 103.30 $ 75.33-144.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,024.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.35 3.40-4.54

These data are based on 99 entries in the past 18 months from 25 different contributors.
Last update: January 2021

Sources and References
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