Property Prices in Montgomery, AL, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.84 |
| Mortgage as Percentage of Income: | 16.72% |
| Loan Affordability Index: | 5.98 |
| Price to Rent Ratio - City Centre: | 9.89 |
| Price to Rent Ratio - Outside of Centre: | 10.03 |
| Gross Rental Yield (City Centre): | 10.11% |
| Gross Rental Yield (Outside of Centre): | 9.97% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,200.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 616.67 $ | |
| Apartment (3 bedrooms) in City Centre | 1,600.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 925.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 212.50 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 116.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,791.67 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.67 |
These data are based on 18 entries in the past 18 months from 3 different contributors.
Last update: June 2023
Sources and References
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