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Property Prices in Richmond, VA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 2.90 |
| Mortgage as Percentange of Income: | 21.68% |
| Loan Affordability Index: | 4.61 |
| Price to Rent Ratio - City Centre: | 9.79 |
| Price to Rent Ratio - Outside of Centre: | 5.58 |
| Gross Rental Yield (City Centre): | 10.22% |
| Gross Rental Yield (Outside of Centre): | 17.91% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,147.44 $ | |
| Apartment (1 bedroom) Outside of Centre | 925.61 $ | |
| Apartment (3 bedrooms) in City Centre | 1,714.44 $ | |
| 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) | 2,844.24 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.33 |
These data are based on 85 entries in the past 18 months from 17 different contributors.
Last update: August 2018
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