Property Prices in Raleigh, NC, United States

Index Info
Price to Income Ratio: 6.43
Mortgage as Percentage of Income: 55.20%
Loan Affordability Index: 1.81
Price to Rent Ratio - City Centre: 17.45
Price to Rent Ratio - Outside of Centre: 11.91
Gross Rental Yield (City Centre): 5.73%
Gross Rental Yield (Outside of Centre): 8.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,871.24 $ 1,500.00-2,350.00
Apartment (1 bedroom) Outside of Centre 1,499.59 $ 1,100.00-1,950.00
Apartment (3 bedrooms) in City Centre 3,641.33 $ 2,500.00-4,250.00
Apartment (3 bedrooms) Outside of Centre 3,010.95 $ 1,800.00-3,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 685.90 $ 525.00-879.99
Price per Square Feet to Buy Apartment Outside of Centre 380.86 $ 300.00-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,465.61 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.99 4.88-6.40

These data are based on 233 entries in the past 18 months from 46 different contributors.
Last update: March 2023

Sources and References
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