Property Prices in Memphis, TN, United States

Index Info
Price to Income Ratio: 1.28
Mortgage as Percentange of Income: 9.50%
Loan Affordability Index: 10.52
Price to Rent Ratio - City Centre: 5.34
Price to Rent Ratio - Outside of Centre: 3.19
Gross Rental Yield (City Centre): 18.74%
Gross Rental Yield (Outside of Centre): 31.35%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 924.78 $ 800.00-1,100.00
Apartment (1 bedroom) Outside of Centre 788.47 $ 600.00-970.00
Apartment (3 bedrooms) in City Centre 1,320.08 $ 1,161.67-1,800.00
Apartment (3 bedrooms) Outside of Centre 956.89 $ 758.33-1,400.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 90.73 $ 82.25-95.67
Price per Square Feet to Buy Apartment Outside of Centre 43.50 $ 39.33-90.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,818.72 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.23 3.50-4.54

These data are based on 106 entries in the past 18 months from 23 different contributors.
Last update: October 2019

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DeutschImmobilienpreise in Memphis
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