Property Prices in Montgomery, AL, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.82 |
| Mortgage as Percentage of Income: | 29.06% |
| Loan Affordability Index: | 3.44 |
| Price to Rent Ratio - City Centre: | 13.04 |
| Price to Rent Ratio - Outside of Centre: | 10.77 |
| Gross Rental Yield (City Centre): | 7.67% |
| Gross Rental Yield (Outside of Centre): | 9.28% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,077.50 $ | |
| Apartment (1 bedroom) Outside of Centre | 828.50 $ | |
| Apartment (3 bedrooms) in City Centre | 1,300.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,175.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 242.50 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 163.62 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,861.00 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.52 |
These data are based on 63 entries in the past 18 months from 24 different contributors.
Last update: December 2020
Sources and References
Nearby cities:| Property Prices in Luverne, Alabama | 50.07 miles |
| Property Prices in Troy, Alabama | 51.70 miles |
| Property Prices in Auburn, Alabama | 56.23 miles |
| Property Prices in Farmville, Virginia | 58.84 miles |
| Property Prices in Montevallo, Alabama | 66.46 miles |
| Property Prices in Ashland, Alabama | 80.15 miles |
| Property Prices in Enterprise, null | 85.65 miles |
| Property Prices in Talladega, Alabama | 87.74 miles |
| Property Prices in Columbus, Georgia | 88.58 miles |
| Property Prices in Birmingham, Alabama | 91.35 miles |
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