Property Prices in Mobile, AL, United States

Index Info
Price to Income Ratio: 1.65
Mortgage as Percentage of Income: 12.35%
Loan Affordability Index: 8.09
Price to Rent Ratio - City Centre: 7.10
Price to Rent Ratio - Outside of Centre: 5.01
Gross Rental Yield (City Centre): 14.08%
Gross Rental Yield (Outside of Centre): 19.95%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 853.33 $ 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 658.33 $ 550.00-800.00
Apartment (3 bedrooms) in City Centre 1,292.78 $ 1,000.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 1,049.00 $ 900.00-1,345.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 114.07 $ 98.85-147.95
Price per Square Feet to Buy Apartment Outside of Centre 63.43 $ 58.33-90.00
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 2,892.53 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.33 4.00-4.50

These data are based on 109 entries in the past 18 months from 24 different contributors.
Last update: November 2020

Sources and References
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