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Property Prices in Richmond, VA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 2.85 |
| Mortgage as Percentange of Income: | 21.36% |
| Loan Affordability Index: | 4.68 |
| Price to Rent Ratio - City Centre: | 10.09 |
| Price to Rent Ratio - Outside of Centre: | 5.54 |
| Gross Rental Yield (City Centre): | 9.91% |
| Gross Rental Yield (Outside of Centre): | 18.04% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,122.58 $ | |
| Apartment (1 bedroom) Outside of Centre | 936.41 $ | |
| Apartment (3 bedrooms) in City Centre | 1,641.25 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,353.12 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 210.23 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 95.90 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,894.70 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.37 |
These data are based on 87 entries in the past 18 months from 18 different contributors.
Last update: October 2018
Sources and References:
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