Property Prices in Normal, IL, United States

Index Info
Price to Income Ratio: 4.24
Mortgage as Percentage of Income: 31.71%
Loan Affordability Index: 3.15
Price to Rent Ratio - City Centre: 24.85
Price to Rent Ratio - Outside of Centre: 10.71
Gross Rental Yield (City Centre): 4.02%
Gross Rental Yield (Outside of Centre): 9.34%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 850.00 $ 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 575.00 $ 550.00-600.00
Apartment (3 bedrooms) in City Centre 2,100.00 $
Apartment (3 bedrooms) Outside of Centre 1,500.00 $
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 500.00 $
Price per Square Feet to Buy Apartment Outside of Centre 150.00 $
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 4,125.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.33 3.65-5.00

These data are based on 12 entries in the past 18 months from 2 different contributors.
Last update: July 2020

Sources and References
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