Property Prices in Indianapolis, IN, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.79 |
| Mortgage as Percentage of Income: | 16.13% |
| Loan Affordability Index: | 6.2 |
| Price to Rent Ratio - City Centre: | 6.09 |
| Price to Rent Ratio - Outside of Centre: | 6.85 |
| Gross Rental Yield (City Centre): | 16.43% |
| Gross Rental Yield (Outside of Centre): | 14.59% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,620.0 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,116.88 $ | |
| Apartment (3 bedrooms) in City Centre | 2,390.0 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,679.17 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 183.65 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 143.65 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,924.19 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.6 |
These data are based on 106 entries in the past 18 months from 31 different contributors.
Last update: September 2024
Sources and References
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