Property Prices in Raleigh, NC, United States

Index Info
Price to Income Ratio: 7.53
Mortgage as Percentage of Income: 67.79%
Loan Affordability Index: 1.48
Price to Rent Ratio - City Centre: 21.36
Price to Rent Ratio - Outside of Centre: 11.78
Gross Rental Yield (City Centre): 4.68%
Gross Rental Yield (Outside of Centre): 8.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,991.72 $ 1,500.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,650.90 $ 1,400.00-1,950.00
Apartment (3 bedrooms) in City Centre 3,632.00 $ 2,800.00-4,250.00
Apartment (3 bedrooms) Outside of Centre 2,966.32 $ 2,000.00-3,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 867.42 $ 475.00-1,099.99
Price per Square Feet to Buy Apartment Outside of Centre 393.86 $ 217.02-659.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,506.65 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 6.19-6.81

These data are based on 245 entries in the past 18 months from 51 different contributors.
Last update: April 2024

Sources and References
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