Property Prices in Memphis, TN, United States

Index Info
Price to Income Ratio: 1.34
Mortgage as Percentange of Income: 9.97%
Loan Affordability Index: 10.03
Price to Rent Ratio - City Centre: 5.32
Price to Rent Ratio - Outside of Centre: 3.70
Gross Rental Yield (City Centre): 18.81%
Gross Rental Yield (Outside of Centre): 26.99%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 901.82 $ 650.00-1,100.00
Apartment (1 bedroom) Outside of Centre 809.00 $ 600.00-997.00
Apartment (3 bedrooms) in City Centre 1,249.24 $ 800.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 915.24 $ 750.00-1,400.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 87.08 $ 79.75-125.00
Price per Square Feet to Buy Apartment Outside of Centre 50.59 $ 39.33-95.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,774.18 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.30 3.50-4.54

These data are based on 97 entries in the past 18 months from 17 different contributors.
Last update: April 2019

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DeutschImmobilienpreise in Memphis
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