Property Prices in Nashville, TN, United States

Index Info
Price to Income Ratio: 3.52
Mortgage as Percentage of Income: 25.11%
Loan Affordability Index: 3.98
Price to Rent Ratio - City Centre: 10.46
Price to Rent Ratio - Outside of Centre: 6.42
Gross Rental Yield (City Centre): 9.56%
Gross Rental Yield (Outside of Centre): 15.58%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,696.92 $ 1,337.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,206.12 $ 1,020.90-1,600.00
Apartment (3 bedrooms) in City Centre 2,994.74 $ 2,400.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 1,895.90 $ 1,450.00-2,312.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 356.67 $ 250.00-653.70
Price per Square Feet to Buy Apartment Outside of Centre 147.92 $ 128.12-190.71
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,857.48 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.78 2.60-4.50

These data are based on 213 entries in the past 18 months from 36 different contributors.
Last update: June 2021

Sources and References
Sign up for our newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far