Property Prices in Nashville, TN, United States

Index Info
Price to Income Ratio: 3.01
Mortgage as Percentage of Income: 22.30%
Loan Affordability Index: 4.48
Price to Rent Ratio - City Centre: 8.54
Price to Rent Ratio - Outside of Centre: 6.93
Gross Rental Yield (City Centre): 11.71%
Gross Rental Yield (Outside of Centre): 14.43%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,632.78 $ 1,300.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,167.72 $ 1,000.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,792.17 $ 2,400.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 1,770.30 $ 1,450.00-2,400.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 276.29 $ 247.95-400.00
Price per Square Feet to Buy Apartment Outside of Centre 152.40 $ 128.12-250.00
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 3,827.94 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.20 3.00-5.00

These data are based on 226 entries in the past 18 months from 36 different contributors.
Last update: November 2020

Sources and References
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