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Property Prices in Portland, ME, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 4.39 |
| Mortgage as Percentange of Income: | 32.98% |
| Loan Affordability Index: | 3.03 |
| Price to Rent Ratio - City Centre: | 12.00 |
| Price to Rent Ratio - Outside of Centre: | 10.01 |
| Gross Rental Yield (City Centre): | 8.33% |
| Gross Rental Yield (Outside of Centre): | 9.99% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,354.17 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,008.33 $ | |
| Apartment (3 bedrooms) in City Centre | 2,170.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,733.33 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 313.14 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 200.36 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 3,144.93 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.37 |
These data are based on 69 entries in the past 18 months from 15 different contributors.
Last update: June 2019
Sources and References:
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